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Mirriad Advertising – “pleased to announce” equity raise result…as it bails it out. But not for long!

By Steve Moore | Friday 2 June 2023


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.


Previously writing on company which describes itself as a “leading in-content advertising” business Mirriad Advertising (MIRI), last month with the shares up to 3.8p I wrote “collaborates with Microsoft” ramptastic desperation as funding crisis further nears”. Quelle surprise – there’s now discounted equity raise news.

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