Interims set an acquisition theme for Digitalbox

Premium Member Content

Digitalbox’s (LSE:DBOX) recently reported interims to June and the shares rallied as investors digested a general positive set of results. Its business focus is on mobile and online digital media and the shares have under-performed since reversing into a shell in a £10m deal with shares valued at 13.75p.

It owned Entertainment Daily which attracts woman 25-40 years old and since the listing has acquired the Daily Mash and The Tab, which was acquired in October 20 after raising £1.2m at 4.9p from a single strategic micro fund investor. This student publication was brought for cash as lo...

More Member Content