Minoan Share Discussion Threads

[paul planet earth1] 08/11/2024 08:55

Looking like MIN is fast running out of cash and the only way to get cash is to spike the price while debt holders mainly directors or connected persons in the main covert their loans to shares and dump them on the spike leaving retail investors holding the baby.

[paul planet earth1] 08/11/2024 08:51

Where do you get 60 million from its got no infrastructure and is located in the middle of nowhere 2 hours from the nearest airport?

[waterloo01] 08/11/2024 08:47

Must try harder boys. Shares in safe hands (not issued as yet anyhow). Wait for the TR1's for directors.

Next up...strategic investor at a price of at least 1p. As for worthless scubland.... try 60m as a fair value now, un built

[paul planet earth1] 08/11/2024 08:43

Looking like either the directors or former lenders are dumping their newly issued shares...not a good sign!

[paul planet earth1] 08/11/2024 08:39

Someone is dumping blocks of shares trying not to drop the share price, wonder why?

Recent Share Trades for Minoan (MIN)
Date Time Trade Prc Volume Buy/Sell Value
08-Nov-24 08:12:11 0.812 250,000 Sell* 2,030 O
08-Nov-24 08:07:02 0.85 250,000 Sell* 2,125 O
08-Nov-24 08:06:49 0.851 250,000 Sell* 2,128 O
08-Nov-24 08:05:49 0.865 250,000 Sell* 2,163 O
08-Nov-24 08:05:27 0.9066 100,000 Sell* 906.60 O
08-Nov-24 08:02:52 0.922 250,000 Sell* 2,305 O

[qantas] 08/11/2024 08:39

Miss Ping Pong must have got burnt on this one yesterday on her birthday.

Min Ping (MISS PING PONG)

Member since: 07 Nov 2024

[clocktower] 08/11/2024 08:11

🤣🤣 7 plus million for a piece of scrubland is the valuation.

Being hoodwinked comes to mind, issues at 10p even would not make any difference to the underlying situation.

Still it’s giving some a chance to exit.

[blakesmith] 08/11/2024 07:58

This idea has been floated by their broker on a way to pump the price and get a massive placing done Aim is a scam

[paul planet earth1] 08/11/2024 07:55

Judging by this mornings RNS it seems most of the creditors are directors or other connected persons converting their loans to equity..High risk they may choose to dump these shares on a price spike...do a cash placement first then dump their holdings...be very, very careful here not for the feint hearted!

[min ping] 08/11/2024 07:52

ppe the pingulator

Min Ping Baby

[min ping] 08/11/2024 07:51

Nobby - a torturer of simple minds

[pingulator] 08/11/2024 07:51

Happy confetti day

[paul planet earth1] 08/11/2024 07:51

Nobby

MIN is just another 'potential' holiday resort amongst hundreds on the island and thousands in the Med nothing special there..

The number of daily trades is tiny, just a handfull, it's an illiquid stock and even if you get planning consent there's no guarantees that the site will be remotely profitable in future as there are plenty of existing and well established competitors in the market.

While SYME if it is successfull with Banco BPM opens the doors to a very large market with very few players and the business model would be very difficult to copy..Equally there are far more daily trades on SYME and a lot more liquidity in the market.

[min ping] 08/11/2024 07:48

morning gerbies

no need to pump anything here.
'nature is taking hold'

Ping City

[blakesmith] 08/11/2024 07:43

One to avoid

[blakesmith] 08/11/2024 07:43

Another scamAttempt