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CTEA use ZYen and ChainZY for all the work.
Would also be great if they announce their sale recruitments, which guy has already confirmed.
Another thing, what we used to do before granting, engineering contracts in oil and gas is to visit the contactor office to check the actual resources/employees the contractor has to do the actual work. I was struggling to find a meaningful work force at CTEA, apart from the 3 directors.
dgb, thanks for the insight again, completely makes sense.
Jo I am not so optimistic about Covid as you are , still in a lot of Covid related shares including this one. I am not convinced there will be a vaccine or if there is it could be a long way down the line. I also think a second wave if likely in the autumn or winter. I think we are maybe going to have to learn to live in a Covid world for a long time to come. I do think size positioning is important, this share is about 2% of my portfolio and I am comfortable with that level of risk , because undoubtedly this is a high risk position.
Agreed, but the trouble is competition and trust. Why should anyone take us compared to others? This will all change once we get one meaningful contract.
*lockdown ...bloody autocorrect!
I personally think coronavirus has a long way to go yet. Outbreaks are occurring daily in places that have come out of lickdown.
dgb, thanks and make sense. That was the reason I invested in first place. I agree, this could be 14p instead of 4p if any meaningful sales land. But I fear it will be difficult to generate revenue from Cov id as its getting late now. Hope for the best.
@hawkesbay
The Botswana opportunity is not taking away focus from anything else. All they have done is given somebody else the opportunity to sell it in their territory with CTEA having to do next to nothing. It shows how the level this app is being pitched at (governmental, public services) and international scope. CTEA can focus on other deals.
The future is not about that one opportunity. Expect news on commercial deals closer to home soon, as promised by Guy.
Hawk - Your condescending attitude smells like Cloudstrife. Take a seat with him the trash bin. Adios.
Jo there are a lot of impatient people on AIM who flit from one thing to the next , but that creates opportunities. If there are no sales this month we could be back to 2.5-3p by the end of the month. If we get towards that I will be topping up for sure. When it’s a new product and you are waiting for the first sale it is bound to be a tense time, especially the longer it goes on but I will be surprised if we see sales as soon as 3 - 4 weeks, hope I’m wrong though obviously. If we get a few sales I expect to see us 10-15p so I think it’s a calculated risk , if you can get in at the right price. A sales announcement could of course drop at any time. I am optimistic because I can see a need for the product , and if I can see it I can’t see why people making the decision to buy won’t see it as well. Of course when we get a few sales it’s much easier to get more as you have a lot more credibility.
dgb, Many thanks for your insights some time back. Yep agree with you on most. Not sure if we can hold at those levels without revenue. Looking at the history I am a bit nervous at adding here.
Yes I have filtered some of the trolls on here, makes for better reading. I expect us to trend down to below 4p unless/until we get some sales news. I sold 2/3rd between 5.5 and 8p and am happy to sit tight. If it goes sub 4p I will be buying again .We have to give it time now to see if the company can get some sales.
We aren't owed any news, all we can do now is either:
- Hold what you have
- Top up even more
When RNS hits, we will all be laughing
As for the green bars, love I cant see what nonsense the BB trolls are spouting :D
going down and down, surely news isn't too far away now ?