The Ten Bagger Quest - mirada
The Ten Bagger Quest - mirada
Mirada’s shares have almost doubled in the last 6 weeks but is there more to come?
February was a good month for fundraising for AIM companies and £589 million was raised in new and secondary issues. The IPO market is particularly strong at present running at levels not seen since 2007 and the £300 million raised this month by AIM joiner, boohoo.com, will ensure that March will be another strong month.
The strength of capital raising on AIM helps to raise confidence throughout the market and we are continuing to see improved liquidity in shares of both large and small AIM companies. In these buoyant conditions it is not unusual for a small company’s share to leap higher for little apparent reason. Such has been the case with the shares of digital television specialist, mirada.
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Mirada (MIRA)
www.mirada.tv/
Market Cap: ( at 17 pence per share) £15 million
No of Employees: Approx 100
Locations: Madrid, London, Exeter (software development), Montevideo
mirada’s shares doubled in a just 6 weeks during February and March 2014 yet there was no news released to the market during that period.
The business
Mirada describes itself as a “leading audiovisual interaction specialist”. The Company provides services and software…
