Digital media company LBG Media joined AIM in order to build a cash pile on the balance sheet so that organic and acquisitive growth can be achieved.
Digital advertising is growing rapidly, particularly mobile and in video advertising. There is plenty of competition, but LBG Media’s youth focus means that it has a strong market position in its niche. The plan is to expand in the US.
The share price opened at 195p and after hitting 202.95p it ended the day at 200p. There were 725,000 share...
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