ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MIRI Mirriad Advertising Plc

0.013
-0.001 (-7.14%)
Share Name Share Symbol Market Type Share ISIN Share Description
Mirriad Advertising Plc LSE:MIRI London Ordinary Share GB00BF52QY14 ORD GBP0.00001
  Price Change % Change Share Price Shares Traded Last Trade
  -0.001 -7.14% 0.013 372,354,276 15:58:32
Bid Price Offer Price High Price Low Price Open Price
0.012 0.014 0.014 0.011 0.014
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising Agencies 1.8M -10.94M -0.0106 -0.01 144.2k
Last Trade Time Trade Type Trade Size Trade Price Currency
16:30:03 O 28,985,543 0.0138 GBX

Mirriad Advertising (MIRI) Latest News

Mirriad Advertising (MIRI) Discussions and Chat

Mirriad Advertising Forums and Chat

Date Time Title Posts
21/5/202514:11Mirriad Advertising4,181
27/8/202007:28Mirriad Investor webinar-
28/6/201923:13Is this as bad as it looks?107

Add a New Thread

Mirriad Advertising (MIRI) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Mirriad Advertising (MIRI) Top Chat Posts

Top Posts
Posted at 24/5/2025 09:20 by Mirriad Advertising Daily Update
Mirriad Advertising Plc is listed in the Advertising Agencies sector of the London Stock Exchange with ticker MIRI. The last closing price for Mirriad Advertising was 0.01p.
Mirriad Advertising currently has 1,030,000,000 shares in issue. The market capitalisation of Mirriad Advertising is £103,000.
Mirriad Advertising has a price to earnings ratio (PE ratio) of -0.01.
This morning MIRI shares opened at 0.01p
Posted at 21/5/2025 08:43 by westhall
It is just incredible value.

It was valued at more then £150m a few years back. With the new shares it will be valued at just £2m and have £3m in cash.

The share price could easily go up 5 fold in a flash.
Posted at 20/5/2025 17:53 by tigerbythetail
Oh dear, somebody doesn't understand the trickery of brokers.
Peel Hunt are buying a relatively small % share of the company once you count in the upcoming massive dilution.
IMO, what they are doing is trying to boot up the share price NOW so they can unload the shares they bought at 0.1p in the placing once they are issued at a fat profit.
In other words, they're advertising for PI suckers...
Posted at 19/5/2025 13:18 by westhall
They bought back after the fundraise had been concluded. At the current share price, with the funding secured and with the reduction in the cost base it is a much more attractive investment.

They have bought the shares in the market. Any shares they bought in the placing will be declared after they are issued on 4 June.

They have bought more shares than they held before. They know the value.

The share price could easily go to 0.05 in the next few weeks.
Posted at 16/5/2025 15:11 by westhall
Strong price movement with the churn.

Expect to see it continue to a 0.05 share price in the next few weeks.
Posted at 16/5/2025 13:43 by tigerbythetail
Hi Westhall!
The business model simply doesn't (can't) work at any scale. IMO, the company is worthless. IMO, it was essentially a con.
(Which doesn't mean that the share price might not rally from these lows. Anything could happen given the current tiny mcap).
Posted at 01/5/2025 15:47 by tomboyb
hxxps://www.share-talk.com/mirriad-advertising-plc-aimmiri-shares-crash-80-as-company-warns-of-imminent-collapse/

Mirriad shares crash 80% as company warns of imminent collapse


Shares in Mirriad Advertising PLC (AIM: MIRI, OTCQX: MMDDF) plunged 80% on Thursday after the company issued a stark warning that it may run out of cash and face administration within days unless emergency funding is secured.

The AIM-listed virtual product placement firm disclosed that takeover talks collapsed at the end of April, leaving the board urgently seeking alternative options to keep the business running.

With just £2.7 million in cash remaining at the end of March and monthly expenses approaching £675,000, the company’s financial runway is rapidly shrinking.

Mirriad races to secure funding as administration looms

Mirriad is now urgently pursuing an equity raise or alternative funding options, but acknowledged there is no guarantee that a deal can be secured in time.

Without a financial lifeline, the board warned it may have to initiate administration proceedings as early as next week, which would result in the suspension of the company’s shares from trading.
Posted at 07/3/2025 21:22 by last of the mohicans
We have now broken the 100M share mark!


So the current updated list Alphabetically for you is ......

2phevs, 16M+ shares

Bentley43 12M shares

Bullishbearish 2.5M shares

BusinessOwner Daughter 2.19M shares

Buydipsellrepeat 10.5M+ shares

extrader 2.5M shares

Flightman 22.5M shares

Fonzi99 1.5M shares

Hosko 2M shares at an average of 0.28p

joeblog1000 & brothers 1M shares

LOTM-13 26.5M shares at an average cost of @ 0.47p per share (this includes a trading parcel of 4M shares)

MammaC 1.1M shares

Total 100.225M shares or over 10.0% of Mirriad on LSE

On Advfn

Sharewatching 1M

Total 1M or 0.1% on Advfn

Grand Total 101.225M shares or 10.1% of Mirriad

If anyone else wants to join the list please let me know don't be shy, there's absolutely nothing wrong with owning 1M shares & being on the list as 1M = 0.1% of the company roughly

LOTM
Posted at 01/12/2024 23:57 by last of the mohicans
Yup, totally back tracked from your posts from 08:57 & 09:06 this morning on LSE where you tried to change the narrative of the thread I created to suit your own agenda!

Only you got caught out yet again & can't back up those posts with actual facts.

LOTM

--------------------------
For those interested these are the 2 posts in full

08:57
Their own guidance has them losing £4m FY25. We know most of this will will occur in the slow H1 and we know their is a lack of visibility on forward sales so they will need a cash injection to continue as a going concern beyond June. Like this year it is not easy for loss making PLCs to raise cash. A discounted raise if they have the interest seems highly likely. Given where the share price is let's say 6bn shares at 0.1p for £6m. If they are able to get one away I suspect the co will have a future as they must have convinced IIs to throw yet more money at it and I suspect they will need more than Stephan's word. Okay so 7bn shares in issue and guidance of £8m revenue next year and no guidance given for 2026 but let's guess at £20m revenue. At 1.5 multiplier the market cap will be £30m if they realise that and RNS in Jan 2027 trading update. With 7bn shares that will mean a share price of circa 0.45p. Now one can argue about revenue multipliers but they tend to be between a factor or 1 and 2 and more often nearer to 1 than 2 so 1.5 seems fair enough. My point being IIs will be even more risk averse given the track record here. Of course they could hit £100m in 2026 and the share price could be over 1p in 2027 but many ifs and buts. I don't think they'll get a raise away or indeed sell the co. Time will tell.


09:06
So if they finally manage to hit their guidance of £8m revenue which will have a Jan 2026 RNS and there are 7bn shares in issue with a 1.5 multiplier the share price would be circa 0.16p so a 60% uplift on a 0.1p raise and that would be an impressive uplift in likely 10 months or so. Again, the question is will they get a raise away in Q1 next year (they surely won’t leave it so late as likely a larger discount).
Posted at 01/12/2024 09:14 by tickboo
Assume TBTT is wrong and the legal challenges re unions/permissions etc goes away and mirriad has a broader and more viable business model than many believe.Their own guidance has them losing £4m FY25. We know most of this will will occur in the slow H1 and we know their is a lack of visibility on forward sales so they will need a cash injection to continue as a going concern beyond June. Like this year it is not easy for loss making PLCs to raise cash. A discounted raise if they have the interest seems highly likely. Given where the share price is let's say 6bn shares at 0.1p for £6m. If they are able to get one away I suspect the co will have a future as they must have convinced IIs to throw yet more money at it and I suspect they will need more than Stephan's word. Okay so 7bn shares in issue and guidance of £8m revenue next year and no guidance given for 2026 but let's guess at £20m revenue. At 1.5 multiplier the market cap will be £30m if they realise that and RNS in Jan 2027 trading update. With 7bn shares that will mean a share price of circa 0.45p. Now one can argue about revenue multipliers but they tend to be between a factor or 1 and 2 and more often nearer to 1 than 2 so 1.5 seems fair enough. My point being IIs will be even more risk averse given the track record here. Of course they could hit £100m in 2026 and the share price could be over 1p in 2027 but many ifs and buts. I don't think they'll get a raise away or indeed sell the co. So if they finally manage to hit their guidance of £8m revenue which will have a Jan 2026 RNS and there are 7bn shares in issue with a 1.5 multiplier the share price would be circa 0.16p so a 60% uplift on a 0.1p raise and that would be an impressive uplift in likely 10 months or so. Again, the question is will they get a raise away in Q1 next year (they surely won't leave it so late as likely a larger discount).
Posted at 26/9/2024 09:32 by last of the mohicans
Webinar Questions

What was the cash balance at 31st August 2024 ?

What was the revenue figure for Q1 2024 ?

When do you see the company reaching break even on month to month basis ?

Do you believe that the company will need to raise additional funds for it to reach break even on a month to month basis ?

At the GM on 23rd May 2024, everyone present connected with the company including its NOMAD vehemently denied that the fund raising had sent the share price into a "death spiral" & was signalling to the market that the share price would be a lot lower in 6 months time. Given that denial what events are going to cause the share price to rise 400% before the end of November.

At the AGM on 28th June you talked about the analogy of the Channel Tunnel when trying to describe why none of the 5 Content partners you'd been working with on Programmatic for many month's previously hadn't completed the task & achieved revenue in the 1st half of 2024. A fact that was re-affirmed in the annual accounts that you signed off on, on 3rd June 2024. Here we are 3 month's later & none of the said 5 content partners & Programmatic are mentioned in the interim report! You conveniently only mention Triple lift in it.

The future revenue number that you dreamed up as a way of trying to completely confuse investors with, didn't last long did it. No timeframes specified for the supposed revenue to be spread over or the likely failure rate for campaigns being cancelled or postponed/delayed for several months etc I take it that plan is now binned ?

2 Revenue warnings inside 3 month's, 2 Major issues with Programmatic inside 3 month's, Upfronts not going to meet expectations, the failure to inform the market of these facts in a more timely manner than actually occurred, shows your total disconnect with ordinary shareholders over the past year plus. You should be ashamed of yourselves & your attitude, do you honestly believe you have any credibility left with shareholders ? & if so why ?

What is the issue regarding content clearance that has suddenly arisen ?

Why are you not looking at VPP on live sports ?

What's happened to the other 3 large USA content providers that you've been talking to for a very long time now, yet haven't manage to sign agreements with yet! 1 has been in negotiations for 9 month's now.

Quite frankly the Interim report comes across with details that seem to indicate that the directors have not really understood end to end Programmatically properly for a long time now & are just scrambling to find a solution.

You keep talking about "supportive shareholders" who are they ? since the amount of value destruction you've overseen is incredible & both of the largest shareholders who's holdings are classes as not in public hands have been reducing there % ownership in Mirriad.

LOTM
Mirriad Advertising share price data is direct from the London Stock Exchange

Mirriad Advertising Frequently Asked Questions (FAQ)

What is the current Mirriad Advertising share price?
The current share price of Mirriad Advertising is 0.013p
How many Mirriad Advertising shares are in issue?
Mirriad Advertising has 1,030,000,000 shares in issue
What is the market cap of Mirriad Advertising?
The market capitalisation of Mirriad Advertising is GBP 144.2k
What is the 1 year trading range for Mirriad Advertising share price?
Mirriad Advertising has traded in the range of 0.011p to 1.275p during the past year
What is the PE ratio of Mirriad Advertising?
The price to earnings ratio of Mirriad Advertising is -0.01
What is the cash to sales ratio of Mirriad Advertising?
The cash to sales ratio of Mirriad Advertising is 0.06
What is the reporting currency for Mirriad Advertising?
Mirriad Advertising reports financial results in GBP
What is the latest annual turnover for Mirriad Advertising?
The latest annual turnover of Mirriad Advertising is GBP 1.8M
What is the latest annual profit for Mirriad Advertising?
The latest annual profit of Mirriad Advertising is GBP -10.94M
What is the registered address of Mirriad Advertising?
The registered address for Mirriad Advertising is 6TH FLOOR, ONE LONDON WALL, LONDON, EC2Y 5EB
What is the Mirriad Advertising website address?
The website address for Mirriad Advertising is www.mirriadplc.com
Which industry sector does Mirriad Advertising operate in?
Mirriad Advertising operates in the ADVERTISING AGENCIES sector

Your Recent History

Delayed Upgrade Clock