Agree 440ml .... Covata has missed most of its announcement dates for the past 3+ months. In my opinion (even though I am still hanging on and buying more when I have the funds at these lower prices) they have lost credibility with investors. The dull response after the recent excellent UK Govt announcement suggests this. They MUST hit the "before end June" target date to close this deal otherwise it will just get worse.
As per one of my earlier posts, I don't think the Taiwan and LatAm partners add to the credibility of Covata in terms of the latest UK Govt deal ... I think there may be some pressure (too close to China and too close the the Tax Havens / Panama Papers scandal) from the UK Govt to let these go in order to close their deal .... which is linked to global security organisation like NATO etc.
As I mention above, I am still hanging in there as I think they will eventually sort out their stock market immaturity and grow in a manner that will please its shareholders. Requires patience. I am still topping up at these prices when I have the funds as I believe in the medium to long term future.
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