I have lost 100s of thousands before believing in stocks like this. Right now the market isn't buying the story re if the business is working. TT moving back to Sydney and closing the Washington office is a negative in my view.
As i have said before they have a first class product. Its a matter of getting the users that need it to pay for it.
Cisco the first. T Systems need to fire up. The UK deal looks like it will deliver. The problem is a low ball offer from one of the larger companies before any meaningful revenue starts coming in.
Would love to buy back in at these prices and lifting their stakes TPG anf FIL are not stupid but nothing there yet for me to pull the trigger.
GLTAH.
CVT Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
