I like where Ted and the team are taking the business.
CVT positioning themselves as a data identification, classification and archiving offering that also has the products to secure the sensitive data. There is a real market in this space with a lack of end to end offerings.
Ted is a smart cookie and has done his market DD and i think it's rather telling that he continues to buy shares on market.
The proof in this strategy for shareholders will be validated by contract wins and the market will reward the business with a higher share price when this occurs.
Looking forward to an update from the business in regards to the large European customer that was announced and how the roll out / # of seats is progressing.
CVT Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held