Do agree with you @Koala1959 you can start to see how Ted's strategy is coming together.
I like what this product brings to the table as a service for clients, along with CVT's data security offering, it rounds out the product offering that CVT are able to deliver and is a point of difference from the broader data security crowd.
Knowing how Ted operates i suspect that the 'collaboration to channels to market' may include the ability to market CVT's data security offering to Dataglobal's 550 corporate customers.
Looking forward to the quarterly update and 4c, hopefully we will see last quarter's momentum continue. Maybe in the quarterly or once the product is integrated, Ted and the team can give a further explanation as to what the revenue model looks like for this product?
Based on Dataglobal's success, how does he expect to monetize this product within or external to CVT's data security sweet of products?
I also note at the bottom of the announcement that CVT have appointed a group called GRA Cosway https://gracosway.com.au/ to assist with PR / media relations / broker and shareholder engagement etc. Now that Ted has the ship turned and the strategy in motion, he can focus on the deliverables and getting his team to fire on all cylinders to deliver the sales.
CVT Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held