I'm in at an average of 15c after averaging down from my first buy at 28c - they win awards etc but can seem to crack a decent sale.
Ted Pretty at the helm might dig CVT out of this current hole - we just have to sit and wait unfortunately - hopefully there is some substance in Pretty's comments in the late April update
" Going forward, any announcements regarding the pipeline and/or partnerships will be made where we have made substantial progress and otherwise in accordance with the Company’s continuous disclosure obligations. I can advise that there are good reasons to be positive, including the continuing strong market demand for cyber security solutions, Covata’s footprint across its target market and our focus on the enterprise and government space which is yielding a genuine pipeline of opportunities.
We have also commenced substantive discussions with potential technology partners in content management, search and analytics, and audit and protection."
CVT Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held