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MIRI Mirriad Advertising Plc

1.21
-0.015 (-1.22%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Mirriad Advertising Plc MIRI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.015 -1.22% 1.21 15:39:27
Open Price Low Price High Price Close Price Previous Close
1.225 1.21 1.225 1.21 1.225
more quote information »
Industry Sector
MEDIA

Mirriad Advertising MIRI Dividends History

No dividends issued between 25 May 2014 and 25 May 2024

Top Dividend Posts

Top Posts
Posted at 03/5/2024 11:50 by tigerbythetail
It's the minuscule unweighted pipeline number that is the absolute killer here, not the heavily discounted equity dilution (ruinous though that is).
For all the smoke and mirrors MIRI simply don't have a business plan that works.
Posted at 03/5/2024 10:49 by tickboo
The fact there doesn't seem to be real interest in acquiring the platform also a red flag. 10p a share now so £50m is nothing to these major cos. What is their issue with MIRI.
Posted at 02/5/2024 22:43 by last of the mohicans
I'm truly Sorry to everyone who has bought in recently to MIRI, following me highlighting the company & asking people to take a look at it.

Yes I did know a fund raise was a possibility, but I didn't see it coming so soon & its slightly larger than the £5M max requirement that I thought they might needed.

The issue price is a disgrace quiet frankly, if that's the best the company can do with the pipeline of opportunities it has & all the hints its been giving through informal channels. The CEO has a lot of explaining to do & his position is in Jeopardy for sure after this, if not untenable.

Again my sincere apologies to everyone.

LOTM
Posted at 29/4/2024 10:46 by extrader
Hi LOTM,

Well, there are certainly a lot of sharks out there, I've always benefited from other investors who share 'hard' info, whether positive OR negative, preferably supported by links to source, so I can DMOR.

Any subsequent investment decision, be it buy or sell, is of course MY responsibility

I spent about 3 hours yesterday on MIRI, rooting around various rabbit holes and educating myself on something that was hitherto a closed book - so thanks for that opportunity! - and have today dipped my toes in the water.

As someone once said 'The best way to make money is to stop losing it'.

And, as someone else said, 'Life is too short to be small'.

ATB
Posted at 29/4/2024 09:51 by kaos3
Imho miri recent bb activity sees his expertise being at work
Posted at 29/4/2024 09:37 by extrader
Hi LOTM

Ref your musings re how MIRI might finance any cashflow shortfall, the new CFO has a great opportunity to use his expertise (and may have been brought in with this consideration in mind, amongst others).

.."Nic brings substantial equity capital and M&A experience from UBS Investment Bank and HSBC, alongside vast small and mid cap-focused public markets experience from Singer Capital Markets and CFO roles with Byotrol and Bannix Acquisition Corp. in the US..."

His 2.5m options have a strike price of 3p and vest over 3 years.

Let's hope it's a 'golden hello'.

GLA and ATB
Posted at 29/4/2024 06:51 by last of the mohicans
Hi kaos3,

I'm not pushing an issue,

I'm effectively recording notes so I can find them easily in the future for comparison, as there is much less posting going on here.

The couple of stock's I do normally post on, on ADVFN very few of the users use LSE, MIRI might be completely different.

Good Luck

LOTM
Posted at 28/4/2024 21:07 by rambutan2
Despite its racy reputation, the ad industry is very conservative when it comes to putting clients money to work. If a campaign doesn't deliver, then you upset the client, who may not come back. So, proven methods/names are where the money goes. And you get a Catch-22 for someone like MIRI who is offering something new/untested.

Programmatic has to be up and running and available on the gate keepers terminals for MIRI to start earning.

I say the above as someone who has followed the company from listing, in fact pre listing, and who ignored the wise words of someone close who holds a senior position in a global agency.

That said, I still hold shares, but gave up averaging down a while ago.
Posted at 08/4/2024 08:47 by ken chung
MIRI made a shocking EBITDA loss of £15.2m in the last reported year and £11.6m the year before.Lemmings and mushrooms only.
Posted at 24/8/2023 07:39 by kaos3
ok - conclusion after long work into the miri situation

* ad programatic exchanges are worth 300 mil plus /of suply, demand etc side/
* when the product is finished business can explode from zero to 200 mph in a month
* there is NOT ONE VPP PROGRAMATIC AD EXCHANGE YET /and rare both sides/ and miri will be the first one /monopoly for some time/
* business environment is giving a nod to the miri proposition because of

... so many agencies signed off and work for free /eg - not paid by miri/
... MS cooperates and works for free
... Stephan is a hurt lion who was BIG once and is accepted
... in 2022 2 respected ladies / industry insiders/ opted to join miri BOD. they have knowledge and intuition
... miri poached high exectutive from their competitor /amazon/

all doing it with a broke 6 mil capitalizasion co called miri

non of the above are stupid

.... miri also convinced II to give it more money after all those years from 2017 on and being almost broke. i suspect there was huge amount of tyre kicking because whoever approved to give money at this broken stage is risking some part of his career - going against reason and rules

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