news on two large contracts within 2 weeks
I've received confirmation from ABN AMRO that LFE has two multi million dollar contracts about to be disclosed to market.
1) A Bio Terrorism contract with the US Government which due to tight US Disclosures cannot be announced as yet even though it is signed.
2) A second large contract to be officially signed within two weeks which will take LFE past its earnings forecast for FY07.
ABN has stated that the market will respond to LFE once pending contracts are in place which assures that FY07 expectations will be easily achieved.
An outstanding BUY recommendation has been placed by ABN AMRO. ABN AMRO has strong links to this company, I’m keeping the faith.
Go LFE.
LFE Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held