Thruvision – new contract award and orders, but do they merit a more than 30% higher share price response?
Describing itself as a “leading provider of walk-through security technology”, Thruvision Group (THRU) has announced a “Canadian Government Contract Award” including emphasising that it “represents Thruvision’s first Canadian Government customer and its first deployment in Canada’s entrance market, expanding the company’s established presence in the country, where previous orders have predominantly served retail distribution customers”. What about it in the context of the valuation though, with the shares more than 30% higher in response at 1.6p?


