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Many thanks, I usually find this sort of info fairly quickly 😂.
This feels as though it is right on the cusp of a breakout after years of development.
I have a hefty ITV holding from the mid 50’s which I may slice after result’s tomorrow, so more delayed trades from me here over the next sessions.
I note this closed up 2.67% after my trade was printed.
That’s a great showreel.
Cashburn reduced considerably and I note revenue contributions from 5 partners is on track to contribute to revenue starting in H1, so as you suggest, Miri may manage to make it to CF positive, or at least maybe just a small raise to carry it over.
Then revenues could really start to snowball.
Some interesting interviews out there ( back home now researching) and the US Advertising spend is just monstrous. No wonder Berringer is excited.
Yes, your logic makes sense.
It’s pretty incredible that another 32%+ share of the US market have adopted Miri’s technology in the last 2 months. Those that haven’t will be watching very closely or signing up too, so perhaps more news on further penetration.
I’ll use this quiet time to accumulate.
Thanks for your input & quick responses btw.
So it’s clear that the market is waiting to see what sort of revenues will be attributable to this content.
What do you think 🤔 2Phevs?
How soon will we get an indication on initial revenue streams and from that, extrapolate potential?
Very interesting, thanks.
Crikey, you couldn’t make it up.
The market is currently putting pretty much zero value on what Miri have developed & the penetration they’ve achieved in the biggest market in the World, I mean, The US was built on advertising.
I’ve bought a chunk to get me started, but I think I’ll look at a much bigger holding in the ISA.
Thank you 2Phevs, great input & knowledge.
I think once our seller is done this will start a pretty magnificent northward trajectory, these micro-caps can be hard to fathom, and accumulating a large position takes confidence, but the time to do it is when the stock is depressed.
I’ve seen this situation on a number of occasions, investors shun the stock as it doesn’t move, whatever news is being released to the market, and then, suddenly, whoosh, off it goes, and the majority are thinking, ‘why didn’t I buy loads more at that level?’
Remember, they’ve spent hundreds of millions developing this, and it’s about to rollout across the USA with Medicare.
Christopher Mills has 10M shares and paid 90p for his last tranche, look him up, he’s in the business of lending money.
Mount Sinai May be the bidder as the already hold 15% of the stock.
Going to get very interesting, the stock was over £15.00 ( $34.00USD) so let’s see how much someone is prepared to offer.
Btw, 70p gone so expect a big whoosh on the riser board in a mo.
I note MWanco has gone rather quiet.