CVT has burnt through it's Cash on Hand and has only Six Months cash left.
A NTA backing of 1 cent/share is closer to an accurate valuation of CVT. The bulk of
revenue is Govt handouts. To generate Revenue to cover another $10M of Expenses
FY18? Isn't going to happen. CVT has to go to market to raise additional capital or be
trading whilst insolvent in no time.
CVT Capital Raising.
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EXT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.002(28.6%) |
Mkt cap ! $13.08M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.9¢ | 0.7¢ | $80.47K | 9.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4323057 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1070000 | 2 |
View Market Depth
| Last trade - 15.46pm 12/07/2024 (20 minute delay) ? |
| EXT (ASX) Chart |