CVT 0.00% 1.5¢ covata limited

Ann: Q4 FY2016 Conference Call - Transcript-CVT.AX, page-28

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  1. 1,353 Posts.
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    Absolutely Z. I've been continuing to buy based on my clear perception of value. To the point I'm full to the gills.

    Personally I'm not concerned about the revenue line given the last CR. Fidelity and TCG both gave a full vote of confidence in the business plan then...at 0.23. That plus the Enterprise end of the market has traditionally entailed very long sales cycles, especially when it involves POC's of "new" technology.

    Agree the ASX is somewhat naive and unforgiving without revenue, but when CVT is eventually able to escape to the US markets, then the multiples will be massive. If you're a long term holder like me, then the best I can offer is "stiff upper lip"...and good luck.

    DYOR
 
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