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... because they could get it at 5p!
Well if this was as good as we hope and I was a large media co, streaming co or ad agency given a vote needs to go through for these new 1.25p shares I would put a cheeky bid in now. Take the platform and run off. I mean who wouldn't take 10p a share now and vote that through ahead of the vote for 1.25p raise. 10p a share now costs a major co a mere £50m. Why not?
5p a share when next year
That could still happen and those 500million new shareholders would say 'yes please' at 5p.
Book has completely flipped and now limited shares available
Currently 99% down
*Also, given the low market cap surely a large media co, advertising co could say right here's an offer for say £50m to buy the IP and most shareholders would have said yes thanks as before today that would have been 10p a share and I'm sorry that would have passed a vote. The lack of interest is a concern to me as to Disney, HBO or an advertising group it's a drop in the ocean.
If MIRI goes bust and can't continue the agreements are voided. I'm waiting to buy more as am concerned they only have £2.6m in their unweighted pipeline, that's little given it's a very broad term that includes meetings booked etc. Also, given the low market cap surely a large media co, advertising co could say right here's an offer for say £50m to buy the IP and most shareholders would have said yes thank before today that would have been 10p a share and I'm sorry that would have past. The lack of interest is a concern to me
All time low, 99% down
Book now flipped
Doe's anybody Know how the Master Service Agreements work?
Do Mirriad get a cut of the advertising revenue or have they just sold all the rights to the partners ?
What happens to the MSA if Mirriad go bust?
Hi Stampee1
No I'm not happy, I'm livid, but we should still be able to be civil here. Otherwise we won't get anywhere
You clearly haven't read my other posts, otherwise you'd know what I doing at the moment.
LOTM
These new investors just aren't interested in being lth, necessarily. what they ARE interested in is profit. lthers are usually naive for thinking every share will make them secure for the rest of their life or that a past price is where it needs to get to.
i think i could guarantee that anyone who has the 1.25 shares today will be happy to sell at 1.75. there'll undoubtedly be more good news that'll encourage buying at higher sp than currently. those are the times when the 1.25s will probably be sold on.
stop being greedy and buy some 1.25s and make 20% on it to bring down your averages... sell on the next really good news and, if you want, buy back on the spike.
and think about who's posting bad vibes and why they are. don't be taken in by their crummy ivesting style and trash talking a company over profit potential!
gla.
Civil...I scream civil schmuck
You quite happy , to let people push you around or take money out of your pocket, keep it civil...
Your the type that has no fight in him
Hi Stampee1,
Please keep it civil,
No I am not on the payroll & as I've said my average price is around 2.1p so well under water for now.
LOTM
The directors have barely invested anything over the recent years. Whilst taking nice salaries..Wish I'd followed their money! Lost enough on here. DYOR!
They can't have material news or they would be inside and not able to invest. Yes they'll have a little more detail on current cash balance but nowt material. Also, 12 months ago the raise was at 3p and it soon went below and now we raise at 1.25p so from there need over 100% to get to the last raise. Anyway, I doubt the CEO has much credibility left and he surely has to go. Always jam tomorrow.
Thesoundkaren
Stampee - It was your choice investing here, stop with the blaming other posters. I assume you have free will, or are you saying you're easily led?
Stocko classifies many stocks as sucker stocks, one of which has made me a very decent amount of money - not saying this one will, just that its a crap (and condescending) classification and the main reason I stopped subscribing to them
The new shares couldn't possibly have been forward sold, not 500million of them so there's obviously a good case for them being profitable from 1.25. noone buys shares looking to lose and if they're sinking £millions into it then they have more info than we do.
doesn't mean to say that it nec. has a long term future but it tells me that 1.25 must be a guaranteed support for profit!
retailers need to work out how to average themselves down to a mangageable level and maybe think less 2030 and more 2025/6 to sell.
The cash balance at 31.12.23 was £6.1m and they were due to run out in Aug 24. About to raise £6.3m - yikes, how long will that last? The cash burn is phenomenal. Need to land more meaningful revenue generating contracts soon otherwise we’re back to square one in no time.
The typing so called warriors, that type non stop great things about Mirriad, up early hours of morning, finding, pages for investors to read, just before everyone has found...humm.
You might aswell change your names, or stop typing as you yourselves, are equally as bad, on the payroll?
I've not read other posts in years, as it's got strife on here full of bull sh..ts
Yesterday company worth just over £10 million...
Today company still worth just over £10 million...
Oh I forget to mention, your shareholders, are now 50% down...Nice slap in face
This would of been on crime watch years ago...
Now it's the normal
MIRI is classified as a 'sucker stock' in Stocko'. What a mug was I. Lesson learnt, listen to Stocko'.
I really thought with Microsoft behind them that the integrations would be quicker oh well
One positive is they haven't gone down the route of other listed companies of late and gone private shafting everyone so much so that the biggest ii's put more money in and doubled down
Reminds me of 7digital another f.u.p