CVT 0.00% 1.5¢ covata limited

CVT has burnt through it's Cash on Hand and has only Six Months...

  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.
 
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Currently unlisted public company.

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