@simrose, $3 in 18 months would be incredible. However very unlikely if still listed on the ASX.
CVT would be valued well over $1Billion @ $3. Easy in the US. Unlikely here.
Unless we have some major US investors coming in and wipe line after line, or another 2-3 deals like Cisco, i can't see $3 in 18 months.
The simple truth is that OS investors should have come on after the Cisco deal. The PR and press surrounding the deal was very decent... yet we are at $0.33.
We should also have a quarterly update soon.
I wonder if any progress has been made towards a US listing? last time i talked to Nikki she said it's not a priority right now.
Must get in touch with the company when i get time.
A listing over the next 24 months will provide a good exit for long term holders. I'm using the AJX listing to exit this September.
CVT update recently showed everything was on track.
CVT Price at posting:
33.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)