By Steve Moore | Tuesday 14 October 2014
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.
Identity technology group GB (GBG) has announced an initial £5 million (including £0.5 million of shares), and up to £6 million, acquisition of Transactis, an aggregator of customer transactional data and provider of anti-fraud and marketing-related services to both the private and public sectors in the UK. With I having previously doubted the stock market valuation of GB, the following updates.
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