CVT 0.00% 1.5¢ covata limited

CVT Capital Raising.

  1. 9 Posts.
    CVT has burnt through it's Cash on Hand and has only Six Months cash left.
    A NTA backing of 1 cent/share is closer to an accurate valuation of CVT. The bulk of
    revenue is Govt handouts. To generate Revenue to cover another $10M of Expenses
    FY18? Isn't going to happen. CVT has to go to market to raise additional capital or be
    trading whilst insolvent in no time.
 
watchlist Created with Sketch. Add CVT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.