Member Info for Bentley43

The daily 0.1 p drop are things really that bad at Mirriad ?

Now priced to go bust although 5 million in the bank no debt the small cap market is at its lowest in terms of valuation ever.

The small cap market is an absolute joke is this country Mirriad should list in the US which is after all the market they are trying to concur to gain a realistic valuation.

Not many companies listed here have ever made it in the US market.

Not sure what you’re expecting but the articles are from last year.

They certainly need a string of good news now to get the price at least over the last placing price.

God loves a trier I wish someone else was positive on the company.

So strip out the cash the market is valuing the business at 2 million I have never experienced such ridiculous valuations on tech stocks.

What a shame no noteworthy news to carry the price since the recent institutional buying things were looking positive but now mistrust is creeping in and concerns regarding actual meaningful revenue.

I don’t like the price action it doesn’t bode well from the recent TR1

Massive endorsement in such a small cap company and they obviously have far better insight than the experts on this forum buying 100 shares.

Time for a move up before further contract news and then a proper re-rate to a more realistic valuation.

It certainly won’t take much to get the price back over 3p given the change in sentiment towards undervalued small cap stocks.

All sounds very positive but no RNS updates or PR which they need if the price is to reflect the progress.

When will we get some news to get the share price back over the last placing price?

Something fundamentally wrong with the share price maybe evidence of actual improvement in revenue will move things. I’ve never seen a tech company valuation so low given the market opportunities.

What happened to the new contract that was supposed to be signed by a tier one company by the year end ?

Shame he didn’t pick QBT to promote seems they have competition?

https://x.com/davidlenigas/status/1726498106479681786?s=48&t=xQtLGAO9fXJopXulPBDpBA

I think the market are finally waking up to the fact #MIRI has an enviable market leading technology and is valued at around 4 million after stripping out the cash.

Mirriad still priced to go bust despite having a cash runaway until summer 2024 and positive signs of significant uptick in partnerships. The UK is not the place to be listed when you’re main business activity in in the US the valuations are pitiful and companies become vulnerable to takeover at such lowly prices.

Nice to have you back.

The market have clearly not understood the importance of Mirriad’s latest news the valuation is now ridiculous compared to the progress they’ve made. It won’t be long before true value is attributed to Mirriad.

Has everyone lost complete interest in Mirriad ?