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I mean LOTM sounds like he/she has been investing for a few weeks as seems clueless and out of their depth. Still gave advice to other mug punters. This was on advfn at 2.2p
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Someone has offloaded a few, so if your wanting a top-up best to get the stock while you know its available.Or hover in case it goes lower.
LL, I remember when I was mocked for having a cautious view (labelled indirectly as "disgruntled" by you know who) and for only having 3% of my portfolio in MIRI and still choosing to sell-down to a lower percentage. There is something to be said for sticking strictly to RNSs and for critiquing unfulfilled/undelivered ambitions from series of RNSs. Shame so many people focus on hype and crazy speculation and not on actual revenue, cash and costs. Best wishes to all in their future investments.
Hey 2phevs (Allenby's nemesis haha) why before the GM, what difference does it make?
Had a response about MSFT webinar no show yet apparently the top guy that Mirriad deal with Steve Jarvis has got on Paternity leave and can't edit/clear it before release
1 down 7 to go explained the urgency for a clear understanding before going to the GM
Touché!
Should change his name to Richard.
Another piece of advice read regulated news (RNS) and ignore rampy LinkedIn as they have been doing that for years with no effect on revenu. Ignore LOTM and 2phevs who have shown they are even worse than your typical mug punter as mug punters so listen and learn. The questions you’ve asked have highlighted you shouldn’t be investing and don’t understand the machinations. Save your money and invest in much lower risk funds.
Don’t dismiss and belittle people who were trying to offer advice. Good luck to everyone holding and especially those who bought due to the 2 numpties on here.
Head of the rem committee is Bob Head
Yep it was pretty easy to work out his email
How do you get direct access to him? You just got his Mirriad email and been building a relationship?
Funny that LOTM
I've had at 6.15 an email off Stephan
I’m not ignoring your emails and will respond in due course.
Best
Stephan
You can imagine how I've responded seems some pressure being applied
Just so that everyone knows.
It has taken literally 3 days for both Mirriad & Allenby Capital to even reply to my emails nevermind start to answer the questions within them.
Who knows how long that's going to take & I have asked for the answers to be released via an RNS so that all shareholders are equally informed.
LOTM
*you’re completely
"Great fun working on this" - I'm not sure, he'll be saying the same thing in a few days time.
Allenby Capital are digging themselves a great big hole, they haven't responded to me since Friday when my first email went in. Dereliction of duty as a Nomad is on the horizon.
This is the funniest thing I’ve read in ages and really highlights your completely clueless. LOTM how old are you and how long have you been investing?
The NOMAD/broker won’t give a toss what a clueless retail holder says who really shouldn’t even be investing if he doesn’t understand the basics
lotm i’m not moaning from the sidelines i understand the market and am merely pointing out how ludicrous some of your points are. it’s embarrassing. you can’t blame people for not wanting to lend to a loss making co with a **** pipeline. you should be moaning at the ceo (as i have to him, the old cfo and fpr) for his ludicrous salary and worse still the massive bonuses he was fleecing a few years ago. moan at him for pathetic revenues every year he’s been in charge, slowness in programmatic, what happened to disney, how come pepsi and all its brands haven’t spent more and ask questions re when break even, h2 next year and if so how will they mitigate against another shot show? why leave it so late to raise as **** negotiating position.
honestly you are 2phevs are clueless. they would have gone under in august so had no choice.
Hi saxman303,
You need to get that email in then.
I think there could be quite a few people at the said meeting ......................
LOTM
Hi LovableTB,
Moaning from the sidelines yet again, but won't do anything to help sort out the mess.
Your just sticking to your narrative, that they couldn't do any better, yet the statement yesterday clearly shows they botched the placing from start to finish - didn't even talk to at least one for there institutional shareholders.
2phevs,
"Great fun working on this" - I'm not sure, he'll be saying the same thing in a few days time.
Allenby Capital are digging themselves a great big hole, they haven't responded to me since Friday when my first email went in. Dereliction of duty as a Nomad is on the horizon.
I've only just recently received an email from Mirriad acknowledging recent of my various emails after 3 days of waiting.
LOTM
Not yet but would love to go to the share holders meeting
guys i have to say the narrative you’re pushing is naive and you’re making yourself look the ‘mug retail punters’. mirriad likely 18+ months away from break even and there’s no way anyone looking at the last 3 to 5 years accounts and its current pipeline would offer finance. any finance offered would be at crazy rates and would send mirriad down quicker than a raise.
the mates rates thing is laughable. they simply could not raise any higher. lots of loss making plcs are being bent over on raises, avacta a case in point (again i tried to warn you). many uk plcs are considering leaving as they feel valuations here are poor and finance hard to come by. mirriad has a **** poor record and has had ‘potential’ for years so it was inevitable a raise would be very painful.
i politely think the email and linkedin posts make you look out of your depth as you don’t understand the market and the current appetite for risk.
anyway, if they managed to break even early next year with a large pipeline they might only need a minor raise but if it’s later in the year the auditors will want another painful raise. you’ve been warned.
I've had no reply from Stephan which is unusual (probably not considering the #MATESRATE Fundraise)
So this guy from Allenby said this
Guy McDougallGuy McDougall
• 3rd+ • 3rd+
Director, Equity Sales at Allenby CapitalDirector, Equity Sales at Allenby Capital
3h • Edited • 3 hours ago
Follow
Great fun to work on this. At the forefront of a very fast moving, new industry, Mirriad (MIRI.L) offers unrivalled upside potential on AIM - largely validated by the blue chip names of those that backed the raise. A stock to follow very closely indeed over the next 12 - 18 months!
I've back to him for all to see
Not so fun if you're a retail investor that had no knowledge of what's going on behind the scenes unfortunately it smells of a hashtag#MATESRATES Fundraise you should as Mirriads Nomad maybe advised a non dillutive debt finance funding package including factoring or UK GOV supported export credit seeing as Mirriad has announced break even next year. You would be well advised to take note of the Trading Update from Plant Health Care today very similar to Mirriad but different sector. Taken years for PHC to build up their IP protected proposition and now with breakeven inside they're taking non dillutive funding to reward their shareholders. Just hope some impartial Global agency comes and takes Mirriad over now before the hashtag#MATESRATES Fundraise can happen.
Yours a flabbergasted 7 mill holder+2 in Mirriad
Here's the actual post with my comments
https://www.linkedin.com/posts/guy-mcdougall-1a8b9b18_allenby-is-pleased-to-have-acted-as-nominated-activity-7193942848625352704-EvRN?utm_source=share&utm_medium=member_desktop
Its up to you but could be a good way to hit the Nomad publicly hard not just private emails
Hi saxman303,
Did you send in an email to the company ?
LOTM
I would be happy with 2p
Yep, once the new shares come to market 35p would mean a market cap of some £350m or 200 x revenue (not profit). Break even at some point seems a long way away given what the balance sheet will look like towards the end of the year.
LovableLumax 35 a share now that is laughable