Pretty happy with TT's AGM address. It reads as though he is being as open and honest about the CVT business as possible.
The company haveidentified where go to market stratagies haven't performed as expected and have changed tack slightly to enable their award winning / level 2 Gov certified product to be as accessible to the market as possible and not relying on telco market channels providers to either make or break the business.
I believe the CVT will bear the fruits of the UK government work over the next 4-6 weeks, with user seats starting to flow.
Iam happy with the level of explanation in regards to the PrimeTender delays and am comfortable that this is still very much in play.
Iam an investor in CVT as I believe they have the right suite of products for a global market that needs a solution. It's a matter of backing TT, the current and prospective board appointments in executing the roll out strategy the have proposed to the market at the AGM. If it works, we are all going to win, if they don't succeed, they aren't going to die wondering.
It looks as though a new shareholder / a couple of new shareholders are willing to back TT and his team to deliver, as evident in the on market buying of stock since the AGM. It's a much needed break in the status quo and hopefully the start of the new bull market for CVT.
I look forward to news flow around the developer market strategy into the new year, the results of the POC trials and hopefully sooner rather than later PrimeTender being finalised.
CVT Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held