Hi everybody, ive been in this one for a while and it looks set for another bull-run after some recent retrenchment.
The price held at the previous support level and operates on one of the lowest forcasted P/E ratios around for next year(under 8, not including this deal)

It as tipped by shares and enjoyed the customary rise and fall that most plays go through, but there is real potential to this share its up over 7% today due a contract win, below.

The promise by management to deliver "unexpected value to shareholders" is highly exciting and hopefully very profitable..........

Avanti Screenmedia Gets EUR4.3M European Space Agency Job

Dow Jones International News

LONDON (Dow Jones)--Avanti Screenmedia Group PLC said Thursday that it has been awarded a EUR4.3 million contract, over 30 months, by the European Space Agency (ESA).

The television services company said the project, called INSPIRE, provides for the installation of a new mode of satellite and wireless broadband Internet access technology in 600 communities around the United Kingdom and Europe.

Chief Executive David Williams said: "This undertaking marks a significant increase in our activity in this new area of opportunity.

"Whilst there are some core areas in which this technology development enhances our screenmedia offering, overall it is quite a different business. I believe that there may be more significant developments in this area for Avanti Screenmedia this year."

He added: "This contract forms the foundation of what could become a very interesting stand alone business. For that reason, Avanti Screenmedia is currently investigating the most appropriate corporate structure within which to take advantage of this very exciting new development, and I am hopeful of delivering to shareholders this year some unexpected value