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GSTechnologies Ltd. ( (GB:GST) ) has shared an update.
GSTechnologies Ltd announced it has successfully raised £500,000 through a retail offer, issuing over 26 million new ordinary shares due to significant oversubscription, doubling its initial target. This development, alongside an additional £2 million raised through a separate placing, strengthens GST’s financial position and reflects strong shareholder support, potentially enhancing its market operations and growth prospects.
More about GSTechnologies Ltd.
GSTechnologies Ltd is a fintech company that operates in the financial technology sector, focusing on providing innovative solutions and services to its clients. The company is listed on the London Stock Exchange and engages in activities such as raising capital through share offerings.
YTD Price Performance: -23.21%
Average Trading Volume: 32,662,249
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £42.45M
For a thorough assessment of GST stock, go to TipRanks’ Stock Analysis page.
