He is my take on the 4E.
- major shareholders mostly holding tight.
- Nothing positive or negative in the backward looking financials - we already knew there was little revenue.
- The focus of the report is the review of operations in the directors' report. Very very detailed and I'm liking what I am reading. I believe it is positive as it reaffirms the previous releases and that they are on track.
- Really keen to see the next quarterly 4C in 2 months time as I'm hoping to start to see the revenue flowing, it may not yet be a big number, but want to see evidence of revenue from UK and T-Systems contracts.
Overall, confirms my believe that the previous sell-off has been overdone.
Ann: Appendix 4E and 2016 Annual Report-CVT.AX, page-4
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