Parcel and freight delivery company DX (LON: DX.) has lost the contract to deliver passports for the UK government, but its recovery still appears on track and the share price should recover further in the next three or four years.
DX has been a disaster since it joined AIM just over five years ago at 100p a share. At one point last year, the share price dropped below 7p.
That was due to the business slumping into loss and an attempt to merge with the distribution division of John Menzies, which fell through because of shareholder disapproval.
What went wrong
The complete exit of the c...
