Who knows if we will ever see $1 I suspect any minor...

Who knows if we will ever see $1

I suspect any minor announcements that might lead to an improvement in the share price will hit resistance on the way back up to 30c.

The only hope I see of $1 in the next 12 months would be a major commitment coming from the UK or as indicated in my earlier post something out of the blue like a big commitment from the likes of Cisco or someone like that we don't know about.

I would like to think in the next 12 months there will be enough positive news to see CVT back up to at least 30c but at this stage all I know of that gives any support to that hope are the UK trials and 30c off the back of this might turn out to be wishful thinking.

I had hoped 10c might be a floor but the price has dipped below that. I fear the only thing holding the price at the moment is the announcement of progress with the UK trials - a negative result from these would likely be devastating to the share price.