Minoan Share Discussion Threads

[iman1974] 26/2/2021 10:14

You should do it I had a tour of the site about 18 months ago.

[the skipper] 24/2/2021 12:40

Must say that a trip to Crete is getting very tempting with deals like this around at the moment:hTTps://www.travelzoo.com/uk/holidays/luxury-europe/-399pp-5-star-all-inc-Crete-week-fly-from-Bristol-2909223/?utm_source=top20_uk&utm_medium=email&utm_content=2909223&utm_campaign=uk_top20_2021_8_deal%3a2909223 Another 50k for me this morning with Mirex (who were a seller) now on the bid and only Cantors on the ask.

[eric smith travel] 24/2/2021 12:04

Greek Tragedy If Minoan do not capitalise on this open goal

[waterloo01] 24/2/2021 11:39

Crete come out as the top 10 destination by Trip advisor 2020, last time they did the travellers choice award

[hugothesecond] 24/2/2021 10:50

Crete is easyJet's top selling Greek destination over last 24 hours - easy to see why this part of the world is rising up wish list of leisure destinations - MIN are in perfect position to benefit from here. Greek government are bending over backwards to help stimulate tourism - this development is a no brainer. We are having a breather in terms of buys at present but now is the time to top up again !

[daicaprice] 23/2/2021 08:43

You couldn’t make it up, profit takers @1.16p. DC

[hugothesecond] 22/2/2021 19:15

Now on our way to 1.5p - strongest period of buying underway that we have seen for some considerable time.

[the skipper] 22/2/2021 16:44

I see the increased bid teased out only three sells. That is encouraging compared to the persistent seller we had to endure for a while. The MMs will now be anticipating news, so should be keen to hoover up any stock that they can.

[nick2412] 22/2/2021 14:44

Trying to add a bit but no stock available despite the 400k sale aside from normal market size (50,000)

[hugothesecond] 22/2/2021 13:59

Up again this afternoon ? - now likely.

[the skipper] 22/2/2021 13:48

Yes, that's because Mirex seem to have run out of stock and moved from the ask onto the bid, where three market makers are now competing. Got to do some work in the garden now but will try to check back in before the close.

[hugothesecond] 22/2/2021 13:37

you can now buy 300k at 1.25

[the skipper] 22/2/2021 13:16

Well it must be II then as I had to go to fill and kill again for a second top up. Anyway I thought I'd test their appettite for stock just now with a dummy sell of 500k and got offered 1.1295. When it's easier to sell than buy that says it all to me.

[hugothesecond] 22/2/2021 13:07

No but have received offers of stock all thru the morning at large levels

[the skipper] 22/2/2021 12:07

Well my fill or kill did eventually get filled Hugo, but when I tried to buy again after that it was again not possible to get a quote, so I've got another fill or kill in now and still waiting. Have you managed to buy this morning without it going to negotiated trade?

[hugothesecond] 22/2/2021 11:48

Skipper, I disagree there are plenty of shares to buy at 1.2

[the skipper] 22/2/2021 10:14

Well I couldn't even get a £400 top up earlier so I put a fill or kill order on and that still hasn't been filled. I'm therefore pretty sure that Mirex, who are the only market maker on the ask, don't really have many to sell.

[hugothesecond] 22/2/2021 09:26

Can buy and sell 500k+ - MM do not know where to go at present !

[wi1l] 22/2/2021 08:38

Can only buy 100 on-line but sell 600,000 - speaks for itself.

[wi1l] 22/2/2021 07:40

FWIW house broker keen to get on board first thing - usually significant, we shall see.............

[hugothesecond] 20/2/2021 18:11

I agree number of shares available is very limited - since well before Xmas the MMs have been very careful to only sell what they have bought. The good news is that as soon as shares are sold they find a buyer very quickly. We could test the 1.5 resistance level next week.

[nobbygnome] 20/2/2021 16:33

Yes my anecdotal feeling was there has been a lot more buys than sells in the recent past. Where do they get all the shares from? I don't think it will take much buying next week to get the price going again.

[wi1l] 20/2/2021 11:20

FWIW this month's transactions 11,002,847 bought and 7,746,390 sold i.e. net to the buys so far this month 3,256,457 - where have they materialised from?? Mm's not been keen to part with many on-line at lower levels anyway but we shall see if they were holding back a few for selling at higher prices. There has been a scarcity of shares for quite a while now and it would appear that they haven't been keen recently to hold many. It also seems like shares have been sold by them during the day and a late afternoon seller balancing the books up at the close. Significantly the buying on Thurs and Fri didn't conclude with any from the seller so it will presumably be that much harder for the demand to be filled, thats if it continues. THere have also been two more new entrants to level 2 - one arrived a couple of months ago whose name escapes me but most probably bought some shares in the recent placing and is (i'm guessing here) selling them by filling specific orders as they aren't at the top of the level 2 pecking order. Bodes well for thefuture two additional recent entrants - must think its going to be worth it with business to be had. Incidentally what started it all off yesterday IMV was the other mm/broker Marx turned up about an hour late, they were at the head of the list at the close thurs and not filling that position on Fri meant the share price was blue straight away and it went from there with more buying esp the 1.3M bought mid-morning, which was delayed from the list until the afternoon. Make of that what you will - But IMV it all bodes well for the future.

[hugothesecond] 19/2/2021 18:24

Yes looking good for next week.