Tekmar – “new contract award”. How “significant” is it?...
By Steve Moore | Wednesday 31 May 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 leading technology and services provider for the global offshore energy markets”, Tekmar Group (TGP) states that it “is pleased to announce a significant new contract award”. What of a current share price response more than 8% higher to 9.75p?
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