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I'm not expecting much from the Telco deals. The key market...

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ecat88

598 Posts.

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01/03/17

16:10

Post #: 23016848
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Originally posted by pac23 ↑

"I still think this is a good stock"

seriously, whats so good about it?? why did they feel the the need to put this piece of fluff in here

"Covata’s Safe Share platform has already achieved market validation through its continued and increased use by several Australian government departments, deliver ed via its channel partner Macquarie Telecom, and in the enterprise market in Germany via its channel partner T-Systems."

the fact is the revenue from these channel partner deals has been minimal. Macquarie Telecom has always been noted as purely a foot in the door job and T-systems haven't bought anyone new to the table in nearly 12 months from what i can see.

These guys have been asleep at the wheel, imo.
The previously spruiked telco deals have never eventuated > too hard basket i'm guessing?

Please, tell us where you think this will gain legs as it's certainly not coming from the 2 main channel partners thus far

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I'm not expecting much from the Telco deals. The key market short term is the UK government marketplace. $10M cash and they have a decent runway for something to happen there before more dilution via CR. Time will tell.

CVT Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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