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TPXimpact – emphasises “significant contract wins”, but what’s the bottom-line significance?

By Steve Moore | Friday 28 April 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “a technology-enabled services company focused on digital transformation”, TPXimpact (TPX) has announced “two significant contract wins with two UK central government departments. Combined, the contracts will deliver a cumulative value of up to £77 million over a four year period and demonstrates TPXimpact's position as a leading provider of digital transformation services to the public sector”. So what of a current share price response to 48p, up 50%?
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