Main difference here is that MTL is starting from a much, much lower market cap.
Similarities:
Recent ASX tech IPO
Trent Telford, founder of CVT, is an MTL director.
Europlay Capital Advisors have taken a substantial holding - Europlay were founding investors in Skype, and also took a large stake in CVT prior to listing.
Both listed at 20c
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MTL was trading at 35c until FOES (Fear of Escrow Selling) sent the price packing.
In reality, only 470,000 shares came out of escrow.
Stock has bounced off 19c, similar to CVT's initial lows, and is now heading back up, but still close to 20c IPO price.
MTL's software platform increases the speed and efficiency of social media brand management by large corporations.
It achieves this by allowing corporate content on multiple social media platforms, ie Facebook, Twitter and LinkedIn, to be managed with the click of a button from a central user interface:
Global deal sealed, another deal sealed a few days ago.
More to come.