skip to Main Content
 

GSTechnologies: what next for this blockchain play after AngraFX acquisition?

*

Shares in fintech and blockchain payments company GSTechnologies (LSE:GST) almost doubled late last week to 2.80GBX on news that the UK regulator had approved their acquisition of AngraFX, the FCA approved Authorised Payment Institution (API).

So far so good for this disruptive technology company which first listed on AIM at the end of 2018 and which we covered in early 2021 when the share price soared 2,000%. But with the share price dropping by Thursday to 1.72GBX - albeit with the backdrop of a full-scale Russian invasion of Ukraine having a major impact on markets - we thought it worth revisiting.


Want the full story? Access all of The Armchair Trader's content for just £5.99 per month.

Get weekly investment ideas and tips that will take your investing to the next level. Sign up here.

Free 14 day trial. Cancel anytime.


Log In or Sign Up to Armchair Trader+

Already a member? Log in here:


Not a member yet? Sign up for your free trial or check out the benefits of membership.

Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader Plus+ for further details on the benefits of becoming a member.

Like this article? Sign up to our free newsletter.

This article does not constitute investment advice. Do your own research or consult a professional advisor.

Invest in UK Shares with these FCA Regulated brokers

Hargreaves LansdownIGInteractive InvestorCharles StanleyYou Invest

The Armchair Trader's 'How to' Guides

Stocks in Focus

We think these smaller companies represent significant growth stories. Read our in-depth reports.

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
WisdomTree
Tickmill
Aquis
Back To Top