UK 00:56 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
With its shares have risen towards 17p last year and commenced 2015 at more than 10p, a bearish stance on Audioboom Group (BOOM) has proven wise since – with the shares slipping below 4p last month. The announcement of the placing out of an existing equity stake of 10.8% in the company has though currently helped the shares recover a further approaching 17%, to 5.25p, but does this change the picture here?
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Comments
Quiet Investor
May I suggest that at some time you look deeply into the history of 7digital and its various different changes in business model. Digital Radio, Video etc etc all with little return to shareholders but good returns to Management.
Gravy train comes to mind.