I continue to be baffled by the share price for Covata. The transcript from today's investor presentation includes this little gem - "The ‘Prime’ contractor relates to a multi-year contract in excess of $200m AUD". I know that this raises some questions, like is this annual revenue or lifetime revenue and is this the Covata share. But to see this price fall off the back of this number defies logic to me.
I continue to be baffled by the share price for Covata. The...
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