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GB Group - half-year trading update, subsequent share price slip justified?

By Steve Moore | Monday 21 October 2013


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.


Having closed at 139.5p the week before last, shares in identity technology company GB Group (GBG) have slipped back to a current 131.5p despite it last week announcing it “has achieved a strong set of results in its half year to 30 September 2013” and that “we enter the second half with confidence and momentum”. So is the slippage justified?



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