Mirriad Advertising Share Discussion Threads

[cerrito] 24/1/2024 22:09

For me the key question remains as to whether they can build up as permanent revenue as possible before the cash runs out.
Too bad no smoke signals today on cash burn, which was £3.7m in H2 23 which if it continues at that rate would mean that June 30 2024 cash will be £2.4m, begging the question if the fund raise would be in July or September.
I appreciate that this H2 23 cash burn was a vast improvement of the £6/£7m of each of the preceeding 3 half years and that in the interims dated August 22 last, Beringer referred to a cash runway to the end of August 2024, so perhaps they are doing better than they first thought.
As of now plan to remain with the small holding I have.

[cullyboy2] 24/1/2024 07:47

If this doesn't go to 3p at least on this news I don't know what will

[cullyboy2] 24/1/2024 07:46

Think of the bigger picture here

[aimbagger] 24/1/2024 07:45

Think it's safe to say there will be a significant "step change" this year with agreements in place with supply side partners representing c25% of the total US TV advertising market, up from 8% in Q3 2023! Market is forward looking, especially in tech.

[puphead] 24/1/2024 07:39

£4mil cash burn in the last 6 months doesn't look like a sustainable business model just yet

[aimbagger] 24/1/2024 07:23

Superb TU!"active negotiations with two more majors in the US representing an additional 30+% of potential market share""prospect of further notable additions in the first half of 2024""Mirriad is now signing US 'majors' and 'super-majors'" ?

[cullyboy2] 24/1/2024 07:12

All seems good watch this space ?

[kaos3] 11/1/2024 14:27

holding RNS - Rathbones

[kaos3] 11/1/2024 11:55

you should be optimistic ... they are hungry for shares and it was easy to sell. this rise will probably continue... strong churn

[maccamcd] 11/1/2024 11:41

pleased to have saved you a few quid with the little rally!

[kaos3] 11/1/2024 11:20

well i am out after like more then 5 years.... used the recent few days

good luck

i ll be back if cheaper or dearer but derisked

ps - trading saved my skin here

[maccamcd] 10/1/2024 10:52

Hearing the new CFO is hitting the ground at Miri.
Quashing fears of imminent fund raise chat.
I think these are going up Kaos3

[maccamcd] 09/1/2024 10:25

indeed. guess the main promise is due. But it's the second week in January and I know they're not raising soon as you're intimating.
so not sure what your point is or who it's aimed at?
holders or non holders?

[kaos3] 09/1/2024 09:14

Yes. And?
They must raise cash. And they did not deliver on their main promise. In time.

[maccamcd] 09/1/2024 09:06

as holders we don't believe there's a cash call till at least after Easter. That was from the CEO's mouth last month fyi.

[kaos3] 09/1/2024 08:40

Considering miri did not deliver and the cash call coming share price remains high

[cerrito] 06/12/2023 18:05

In the statement today they announce a good increase in in-content sales.
I have gone through the interims to see if this definition was used but it was not. The reason I did this was to see if in- content sales are an important part of thr product mix, but I am afraid I am none the wiser.

[maccamcd] 06/12/2023 07:56

Anyone got any idea on what all these client wins mean for future revenue? Guesstimates? Could be huge versus current market cap

[babbler] 06/12/2023 07:39

More good news.

[hope67] 01/12/2023 11:08

Very good interview they can earn 6 times more in the Us than the UK and partnering with one of the top three expecting more deals to come in worth a listen.

[hibberts] 29/11/2023 10:41

Just had a dabble here along with KR1 as the charts are looking good.

[kaos3] 17/11/2023 14:35

RNS - nominees accounts