It is disappointing that having made an impressive and validated bid to an Asian central bank at a keen price, Spectra has been underbid, at the final hurdle, irrespective of the strength of its technology, and notwithstanding its proven track record and secure production facilities. However it is important to note that (1) there is no impact on our (recently upgraded) forecasts, (2) SPSY retains a strong hand of other prospective opportunities in its $US100m-plus pipeline, (3) other, as yet unq ....
