March 28th RNS2 May 2018 08:35
As we have previously announced, the major Middle East project opportunity is awaiting completion of the client's internal approval process, and we have been informed that the remaining contractual and commercial issues referred to in our 31 January Trading Update are now agreed. The initial phase of the project is still expected to be worth approximately €24m per annum to Westminster, with any future extensions and changes of scope expected to be subject to price revision.
So, 5 weeks have passed since this update, news must be getting very close, seems an odd time to sell.
It took them 8 weeks to agree the ‘internal issues’ between the 31st Jan announcements & 28th March update.
The client does things at client pace.