Try getting caught at over 20c!

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truenorth

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24/08/17

17:32

Post #: 26736093
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Originally posted by Cheynne ↑

Thanks for that link @13th and again top information presented.
We can see why the CypherPoint acquisition is important for deeper integration with the Microsoft environment. Yesterday the breakout hit 10c as charts were positive but SP top-sliced by DTs and some holders who thought it was timely to take some profits off the table while unfortunately some new holders maybe got caught at the top a bit. It is now showing a short pull-back again I think, in the up-trend until rises up again to 9c and above. The fear seems to be getting over 10c before another announcement to feel comfortable before going up in half cent increments instead of 1 point.
Hopefully the outlook will change shortly if developments happen as we hope with good communication along the way.
.......................
“....Mr Pretty has also outlined its relationship with Microsoft as another key go-to-market partner.
“One reason we have acquired CypherPoint as a small US-based company is that they had gone a little bit further down the track than we had in a number of respects, including for example a deeper integration with the Microsoft environment,” he said.
“And as you know 98 per cent of the big government and enterprise users are in that Microsoft environment, whether at the desktop or in their IT standard operating environment. So it’s important that we provide that seamless integration into the product.”
The Covata data security platform is offered as a software as a service either on-premise, private cloud, or Microsoft Azure.
And now that Microsoft has announced it now has Australian Signals Directorate accreditation for its cloud service Azure, “we are going to piggy-back on that as well......”
GLH

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Try getting caught at over 20c!

CVT Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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Try getting caught at over 20c!

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