Digital Barriers (LON:DGB) - +28% on AIM debut; a sign that the market is starting to overheat or…
Shares in Digital Barriers plc, a company founded by Dr Tom Black and the former senior management team of Detica Group plc rose a whopping 28% on their AIM debut today a sure sign that the market is getting overheated or simply a management team that justifies a premium rating?
Digital Barriers is a newly-incorporated company, focused on the provision of specialist products and services to the $140bn global Homeland Security market. The Admission Document reveals that the Directors of Digital Barriers believe that investment is now required to improve the digital security and surveillance technology needed to protect high-profile targets, crowded spaces and the critical national infrastructure from terrorist attacks. This requirement is reflected in the Protect component of the UK Governments latest counter-terrorism strategy (entitled Contest II), published in March 2009. This is a broad segment that includes both the public and private sector and is currently served…