One more large contract, more likely in NA than ANZ, would see...

One more large contract, more likely in NA than ANZ, would see the ACV move above the $150 - $160 range and result in a significant re-rate.
Surely cheap at these current prices given risk vs reward.
"Largest ever government annual contract signed in North America" was also very encouraging. Big contracts in the bag make it easier to successfully tender for other large contracts using current users as contacts.
About time NEA pushed back above $2 imho. Positive news on the law suit would also re-rate quickly.