Re-rate, page-189

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Any thoughts medium and short term? That's a huge sum the British government are to spend per annum over the next few years. It can only assist CVT I would think. But at present though, news flow needs to..well, actually flow. CVT need to start releasing news to the SH relating to actually contracted seat numbers for their products, they are no longer a start up, so their products although great, need to start illustrating meaningful revenue. I believe the prime tender win, with no follow up news, has very much dented SH confidence. Although confident this will be resolved in terms of the contract details, time frame and turn around is incredibly slow and management need to release details as to hold up. DYOR and all IMO