Ann: Market Update, page-44

That is impossible to know, but it would go considerably higher than where it is now. If memory serves (and it may not) they got their current 14.5% @ 23 cents per share - something to do with Vocus.

@ FSW What do you mean TPG can take what they want? They would buy it because Covata has a completed proven product (just didn't win this particular tender), but is already in use by other agencies, so we know it works. Also, Covata has several partnerships and Government contracts already in place and have met UK Government standards for use at the highest level. Covata not coming out as the preferred tender in this one POC trial is not the end of the earth. That outcome could have happened for numerous reasons. Governments tender processes work in mysterious ways - I should know, I work for a Government Department myself and are often left scratching my head at many of the decisions.