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More good news, this must now be one of the big contracts mentioned in earlier RNS's. Shan, one for UTRS? Very few shares in free float and moves when any demand,MM's have created an acceptable spread these days too, not the old 25% which killed it.
Surely its MM playing a classic shake to scare the nervous. They must have ££'s signs flashing as the Chair has told everyone what is in the net and if he also deferred payment of his £480k loan facility (28/3) he must be pretty sure of getting his money back.
28/3/13 update. "I am very encouraged by the Group's prospects in the coming year and beyond. Sales during the first quarter of FY2013 were impressive for both our window film and security divisions. These, combined with the impact of a large security division order received in the second quarter, I fully expect the Group to record its best year on record." Perhaps the last sentence is what the market is anticipating, as KC says it would rerate the coy
This mornings initial rise of 12% on a net volume of 38000 shares shows what this would do if sustained demand arrives. The RNS gives a good platform for future development of the business. Interesting one to tuck away for a few months. .