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Coms
- BY: Andrew Hore |
- POSTED: 26/04/2013 |
Internet telephony services provider Coms has secured a contract that will generate more revenues than the company has reported in the whole of its history.
The share price has jumped from 0.78p a share to 2.08p a share, which values Coms at £7.07m. David Brieth was appointed as chief executive of Coms at the beginning of the year. The share price has quadrupled since then.
The deal with an unnamed company is worth £15m over 24 months. The installation of several thousand lines has already started so it will make a contribution in the six months to July 2013.
Simple Investments has replaced XCAP as broker.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFApril2013_43.pdf
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