Mirriad Advertising – despite recent equity raise bailout set to not last long... not to worry as results note carbon credits & ‘diversity and inclusion’ progress!
By Steve Moore | Wednesday 7 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.
Describing itself as a “leading in-content advertising company”, Mirriad Advertising (MIRI) has announced results for the 2022 calendar year and CEO Stephan Beringer states that the company “is well-positioned to drive shareholder value into H2 2023” after a “strategic review was enacted to tackle head-on the directors' belief that the company was significantly undervalued”. With the shares currently responding approaching 20% further lower towards 3p, a couple of, er, ‘issues’ Mr Beringer…
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.