trading halt , page-11

My money's on #1, MM. The damage of another lost tender would just about finish us off. How could they raise capital on the back of that? They couldn't. This will have been set up so that a successful bid would trigger SI's/Insto's to have the confidence to put up the money to fund the roll-out. Can't see them putting up money for any other reason. I know I wouldn't.

"The company continues to be invited by other postal organisations to participate in RFQ requests and tenders. The company should start receiving notification shortly as to whether it is successful in the FRFQ request and tenders is has participated in shortly. The Board believes that the company has a superior offering to its competitors and is confident that the Company will be successful in at least one of its tender bids this financial year."