"The federal government is trying to provide new opportunities for small to medium enterprises to win government contracts.
In late August it declared it would cap any new IT contracts at either $100 million or three years in order to open up more of the Commonwealth's $6.5 billion annual IT spend to smaller players."
IMO for investors in CNW the possibility to get a bite from the huge 6.5 billion Federal annual IT budget has increased with the combined and enlarged ACT office, may take some time but the potential is there.
CNW Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
