By Steve Moore | Thursday 31 August 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 B2B video streaming technology company Aferian (AFRN), last week with the shares at 13p I asked 'helps to power new Virgin Media channels’ announcement attempted ramptastic ahead of half-year results financial reality?. Today the company has announced results for this period ended 31st May 2023, with headlines including “improving quality of group earnings and enhanced revenue visibility” and “confident in full year outturn with high percentage of contracted revenue and a well-developed pipeline”. So what of a current 12.5p share price?
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