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In recent discussions regarding Mirriad Advertising Plc (MIRI) on ADVFN, investor sentiment appears to be cautious, reflecting concerns over the company’s financial stability and future fundraising efforts. One contributor highlighted that if Mirriad cannot secure additional capital, the company's prospects are grim, indicating that a lack of interest from the industry in acquiring its intellectual property last year has exacerbated these worries. This sentiment is echoed by another shareholder urging the Board to enhance communication with investors, particularly regarding financial transparency and updates.
Despite potential risks, some discussion points suggest a flicker of optimism around the value of Mirriad’s patents. A member shared insights from an IP Day in Basel, which indicated that Mirriad's intellectual property may hold more promise than previously thought, sparking a discussion about possible future revenue streams and strategic directions. The quote, "Looks like there's value in some of those Mirriad patents after all!" illustrates a glimmer of hope among investors regarding the company's underlying assets. However, the overarching theme in the conversation remains cautious, emphasizing the need for clear and timely communication from the management to alleviate investor concerns.
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In recent developments, Mirriad Advertising Plc reported a significant change in its shareholder structure, as noted in a notification submitted under the transparency regulations. Schroder & Co Bank AG acquired a major position in the company, influencing the voting rights attached to its shares. The change took effect on January 22, 2025, and was publicly announced on January 24, 2025, signaling potential implications for corporate governance and strategic direction.
As the company operates within the advertising technology space, such shifts in shareholder dynamics may impact its financial strategies and growth initiatives. Mirriad continues to navigate the evolving landscape of digital advertising, where major stakes and influence from institutional or significant investors like Schroder could enhance operational funding or facilitate strategic partnerships aimed at expanding its market presence in innovative digital formats.
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Oh I see they're expanding into connected TV. Apologies I need glasses! Well that should help validate the space and mean mirriad can easily raise unless there are issues on top of legal issues. Shows Mirriad's patents aren't a moat and makes me wonder why mirriad hasn't been taken over if the space going to take off.Also traditional PP growing massively with brands being integrated into stories (Yellowstone etc) which will prohibit VPP as brands won't want to have new brands added post production. They'll defo be contracts stipulating that as the more PP grows the more difficult it is for VPP unless it's small productions without normal PP. |
Guys do you not think there is a reason they are not targeting movies and series' post production? No it's not because of infringing Mirriad's patents or because mirriad is dominating the market with £1m to £2m FY revenue it's because there isn't massive potential due to rights issues. With TikTok etc there are fewer legal minefields because of the small number of creators. They don't have lots of actors, agents and lawyers involved. If mirriad had a worthwhile business they would be increasing revenues in manual mode so brands can test ahead of programmatic launch. They would have also been bought out by a major media go or ad agency for peanuts. Demand falling as clearly a pain to get sign off as mentioned by TBTT over 12 months ago.It also shows Mirriad's patents aren't that prohibitive as Ryff also demonstrated. |
And hi LOTM and all. Season s greetings. |
Either way they will surely try and get another raise away and surely in Q1. They are likely to try and launch on the back of programmatic launch so at a higher share price. Surely IIs will not trust what Stephan says snd given Allenby has guided a £4m loss next year (that is assuming programmatic launched this year) and we know H1 is really poor so most or all of that will be realised in H1 and with lack of visibility on forward sales the auditor will need more cash on their books. Remember they need 12 months from audit sign off and H1 26 likely to be loss making too. Maybe mirriad will put the for sale sign up in Jan as they have done before. If no one is interested I cannot see IIs throwing more cash after bad. We will see. |
Doubt it |
Hi Tickboo! |
Followed by another 100k at the same price to make it 13.75M. |
For the record just about to buy another 518687 shares at 0.153p to take my holding to 13.65M |
I met someone who leases lenses to productions in UK. Who knew that was a thing but lenses can cost 10s of thousands and mostly they're leased. Anyway, I spoke about VPP and honestly it was a complete no-no. He said PP on the up through integration and that means post production PP (VPP) nearly impossible as the PP will have tight contracts whereby brands can't be added after. As normal PP grows VPP nigh on impossible. Make sense. All the nonsense on here re Yellowstone a caseinpoint. Yellowstone's PP sorted before filming, all contracts and brands on board. You can't add brands after if they're added before |
As much as I find the LinkedIn ramping more than a little ridiculous no one can say LOTM does not put his money where his mouth is. A crazy number of shares. I suspect we will know how things are looking by mid Jan when there should be a FY24 trading update. |
Hi Casholla, |
And why would you do that ? |
For the record I had a small top-up on the close yesterday (225,000). |
I'll be looking to be out by xmas. |
Looks like some progress is being made |
Honestly, there's no point in taking this private. |
I’ve actually emailed them and suggested this … |
I think people are missing the significance of yesterday's news ...... |
Press release from late yesterday that might interest some people |
The recent pump was Twitter instigated and one of the architects is still holding so continues to ramp due to their cash position and market cap disparity. 2phevs on LSE the worst and embarrassing making ludicrous links. I mean he suggested programatic had launched with Netflix simply because they appear on the website of CloudM which has 45k customers FFS. The guy is a loon and has been blocked by Mirriad staff. He accused them of giving their backers cheap shares at 1.25p and called the raise mates rates and accused the broker etc. It since fell 90%, what a moron. He is obsessed with LinkedIn and has clearly never used it in a professional capacity so sees what he wants to see. Bizarre and hasn't learnt a thing. Looks like a deviant too so maybe that's why they blocked him! |
Type | Ordinary Share |
Share ISIN | GB00BF52QY14 |
Sector | Advertising Agencies |
Bid Price | 0.16 |
Offer Price | 0.18 |
Open | 0.17 |
Shares Traded | 0.00 |
Last Trade | 08:00:17 |
Low - High | 0.17 - 0.17 |
Turnover | 1.8M |
Profit | -10.94M |
EPS - Basic | -0.0106 |
PE Ratio | -0.16 |
Market Cap | 1.75M |
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