UK 12:16 Wednesday, 11 November 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.
MoPowered Group (MPOW) raised a gross £3.64 million at 100p when listing on the AIM Casino on December 18 2013. The shares now stand at 20.5p valuing this POS at just over £3.2 million. And while it says that it is going ahead with a £3.5 million fund raise you’d have to be mad to subscribe as this has red flags all over it. Death is all this deserves.
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Comments
Craig
Big time Tom. Could you see any proposed placing price either? Surely the price is going to plummet and they need to act fast to get anything away. Blimey, I’m so pleased I never dipped my toe into this one!
Leven
Who puts money into these POS companies (incl Chinese frauds) and why?
Tom Winnifrith
Leven
Fund managers. Heaven help ther clients. But then they are playing with OPM
Craig
The word on the street – I heard post publication – is that a placing has been cobbled together at a mega discount to 20p. So existing shareholders will be hammered. Given DiscoStu’s comments about how these folks also own OUT, NBU, QPP and MONI you suspect Christmas is going to be cancelled in quite a few places.
T
Jane
The placing is at a 75% discount to the last quoted price. Is that a record, of sorts?
Bobby Chariot
Wow, punters had no chance to escape after the results shocker. This is really bad even for AIM.
Libero
Oh my god, that’s a horror story right there.
Mashy
Their website is slow, clunky & some sections dont even load. Yet they claim to help with mobile ecommerce sites. Kind of says it all doesn’t it?