CVT 0.00% 1.5¢ covata limited

Unfortunately "fundamentally" the company isn't earning any...

  1. 1,754 Posts.
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    Unfortunately "fundamentally" the company isn't earning any revenue worth talking about; 80 something thousand dollars (obviously pathetic).... which is all the market cares about right now.

    I can easily see CVT sliding to 5 cents or so, and only remaining that high based on good will that they will score a decent contract at some point in time. Take a look at Zyber ZYB, they are very similar to CVT and currently trading at 1.1 cents. If they ever manage to get a contract I imagine they would go up in multiples.

    Having great tech is only great if someone is willing to pay for it.
 
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Currently unlisted public company.

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