Ever since CNW opened an office in Canberra the market seems to have a preoccupation with CNW winning Federal Government contracts. With this acquisition and CNW's panel status through their VTS acquisition I expect we'll be seeing notification of some winning Federal Government tenders in the not too distant future. Hopefully that'll get the market more interested in CNW. At the moment every announcement is greeted with a yawn.
CNW Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held