Conclusion 2016 at 60 Euros: Gemalto is not a stock for the Defensive Investor. Conclusion 2017: It might be a buy under 35 Euros. http://sinaas.blogspot.com/2017/06/gemalto-improved-balance-sheet-and.html When the share price later dipped to EUR 32, Thales made an offer to buy the company for EUR 50 per share.
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