A small-cap growth stock scaling up through M&A - should I invest?
US$12.3 TRILLION out of thin air… And if you click here we’ll show you something that could be key to unlocking 5G’s full potential... Gresham will buy Electra using existing cash resources and a share placing. The total price to be paid is $38.6m (£27.2m) including a £21m share fundraise. Last year, Electra generated revenues of £10.1m, while Gresham generated £24.8m. Therefore, the Electra acquisition should accelerate Gresham’s earnings growth quickly. Gresham’s current customers include many of the world’s largest financial institutions from banking, investment management,...
Source: fool.co.uk