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1.37...to buy
I am a realist and had quite a large number of shares here, I divested because of the new contract and after speaking to the CEO on several occasions he always maintained that they would only raise funds for a new contract, now considering how weak the SP is at present with the cornerstone investor divesting, and the SP not moving on block buys i was unsettled. Mirada have a great product in Iris I have to say, they have access to cheap debt but its worrying watching the MM's and how I was able to get a quote for 1m shares at 1.05 at 1 stage! I still have this on my watch list and love the future prospects, I will be re-entering at some stage even if its at a higher SP but for me the uncertainty is not for me, especially considering im facing a wipeout on an AIM listed company that recently delisted - which has honestly affected my risk appetite these days.
are you in yet ?
You seemed to have changed your tune about mira?
need top up here at this price .still very cheap
Mm having a laugh with that ask.. bid creeping up though..
1.60 on the ask
500,000 buy ...at full ask
For me this most recent RNS summed it up, I hope they don't do a PROX on us! The CEO is a great guy but we don't have the cash to execute these type of deals anymore, we need to cut our cost base urgently before its too late!
On a jolly somewhere I guess... hope he didn't leave ou high and dry
where is he
Yes very small so from these levels I think it's a good punt. A lot can happen.. for sure it isn't going bust!
very small .....£1.46m
What's the market cap mannan?
There is a good base to work with. Some 750,000 Televisa set-top boxes now contain Mirada software and the sales pipeline is ‘materially larger’ than in prior years due to a substantial increase in marketing activity over the past fifteen months. Around a quarter of the new households with Mirada technology have also installed OTT (over the top) services.
Mirada's technology enables TV operators to offer their clients advanced Electronic Programme Guides (EPGs) plus many high-end features such an as advanced search engine, smart recommendations, video on demand and several other “over the top” (OTT) options to access additional content. Iris, its state-of-the-art “TV everywhere” proposition, is a multi-screen solution that merges the best of traditional broadcast and OTT services, presenting an easy-to-use, unified user experience across multiple devices, whether they be set-top boxes, desktop computers or mobile devices, such as smartphones or tablets. In short, your mobile phone or tablet effectively becomes the TV’s remote control. And when it says "TV Everywhere", it means it. The solution enables content to be viewed across set-top boxes, smartphones and tablets, with all of them working seamlessly through Mirada's state-of-the-art Inspire user interface. Mirada also looks after the back-end with the Iris service delivery platform that enables content providers to serve up media how and when customers want it.
INVESTMENT OVERVIEW: MIRA THE BIGBig company customers can be a double-edged sword for small suppliers, as cable TV software group Mirada Plc (LON:MIRA) seems to be finding out at present. Trying to describe what Mirada does succinctly is not easy, but TV-on-the-go is as good a description as any. PICTURE........................
The Spanish government have been very supportive with previous loans. I think there's a good chance they will get another government loan at good interest rate.
Mannan - placing can only occur at 1p nominal or greater else they will call a GM.. they last placed way higher.. 6p I think.. they have had supportive loans and I am reading that this will continue. So in my opinion talk of placing is premature. Some claiming on twitter they are going down the death spiral financing route.. again this is rather premature..
that mean loan but not placing ......what you think
Discussions on financial facility are ongoing ..
Riddler suggestIng dilutive financing coming.. well that's not so sure.. they haven't placed for a long time. Compare Mira to STaR.. riddler is a big fan of star. It is a serial diluter.. I am watching MIRA to buy for a punt.
Lower upfront payments mean the company is putting in place a financing facility to provide the initial working capital for the contract. Discussions in this regard are advanced............where is that ....financing facility coming from
Mirada plc (AIM: MIRA), one of the leading providers of integrated software solutions for Digital TV operators and broadcasters, is pleased to announce a new contract win for its Iris multiscreen product. · New contract with ATN International, Inc., including four cable networks in the Caribbean · Commercial launch of complete suite of Iris multiscreen products expected towards the end of Mirada's current financial year · Recurrent revenues through the implementation of the new OPEX model, including providing subscriber-based licence fees on a "SaaS" (Software as a Service) model · Contract expected to result in material monthly ongoing revenues. · Initial lower upfront payments associated with this model has led the Board to seek financing facilities to provide working capital · Discussions regarding financing facilities are advanced and further announcements will be made in due course The contract is with ATN International, Inc. ("ATNi"), a NASDAQ-listed company, which operates in several US and Caribbean locations under various trade names. Under the contract, Mirada will provide products and services to four different Caribbean operators owned by ATNi located in the U.S. Virgin Islands, Bermuda, the Cayman Islands and French Guyana. Mirada will deploy its complete suite of Iris multiscreen products, including its over-the-top ("OTT") solution and back-end platform, Iris SDP, across these networks. The commercial launch and subsequent commercial deployment is expected to occur towards the end of Mirada's current financial year. This will be the most extensive launch of Iris since the commercial launch for izzi Telecom in Mexico and is the result of an increased focus on Mirada's sales and marketing activities. The contract will provide Mirada with different revenue streams, structured so that Mirada will receive various recurrent monthly fees as well as fixed fees for professional services at the start of the contract and on an ongoing basis. The contract is expected to diversify Mirada's revenue streams, leading to a greater proportion of recurring revenues and increased revenue visibility. Mirada will also be engaged as the 'System Integrator', to coordinate all third-party providers involved in the overall execution of the project. In addition, following deployment, Mirada will manage all operations, services and maintenance across the four networks. The new project incorporates Mirada's entire Iris multiscreen solution which provides an integrated cable TV and OTT solution. Iris enables live, catch-up and on-demand content to be viewed across advanced hybrid set-top boxes, smartphones and tablets, all working seamlessly through Mirada's state-of-the-art Inspir