Minoan Share Discussion Threads

[pj 1] 09/1/2019 12:31

Fair point. 12.756/ 272.7 = 4.6%. However ''Minoan has reached agreement to settle liabilities totalling £318,900 by the issue 12,756,000 ordinary shares of 1p each ("New Ordinary Shares") at a price of 2.50 pence per share.''

The use of ''liabilities'' could indicate a number of creditors and not just one?

[wi1l] 09/1/2019 12:22

No takers so far for the 750K, suggests that the holders of the recent share issue in settlement of liabilities are holding on tight for better things to come. Shouldn't there be an rns if they hold greater than 3%??

[head gardener] 09/1/2019 09:17

The cleaner is by far the best option.

[wi1l] 09/1/2019 08:24

MM's still after 750K max, looking to restock before the rush (ha!).

[wi1l] 09/1/2019 08:22

Have to believe that CE & the bod will get this over the starting line. Conditions in Crete have vastly improved over the last year especially that would suggest they will.

[atlantic57] 09/1/2019 07:09

There is ample evidence of talks taking place with numerous parties thus facilitating
A bidding war !

Unfortunately announcements are made by the Bod ,months elapse and nothing further is announced.Therefore it is reasonable to assume that the bidding war to date has produced?

We need one acceptable offer.

[head gardener] 08/1/2019 17:51

A bidding war, now you're talking!!!

[fireplace22] 08/1/2019 16:44

Russians actually, get the facts straight.

[wi1l] 08/1/2019 12:11

Back to the start again so that obviously didn't work with more buying which is presumably what they didn't want at this point in time. Still looking to buy up to 750K at a time but better price given.

[scotty1] 08/1/2019 11:55

I rest my case re twitter posts,some of the stuff is so old i bet they were still in nappies when it was new news 😂


Chaser52

@Chaser521
#MIN #MINOAN UPDATE IMMINENT GUYS #BOOM #TIME 👍😉 …
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iman
‏

@speculate247
8m8 minutes ago
More iman Retweeted TOP AIM STOCKS
#min #Minoan 🎯iman added,

TOP AIM STOCKS

@smallcappick
Replying to @speculate247
#min #Minoan #NO #STOCK #NEWS #DUE any miniscule #buying 3p+ will be history 20p+ tartget with big investor #ONBOARD
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iman
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@speculate247
29m29 minutes ago
More iman Retweeted Chaser52
#min #Minoan 😉iman added,

Chaser52

@Chaser521
#MIN #MINOAN On June 20th Monaco based Candia Investment Corporation took a 10% stake in Cave Sidero for £2 million
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[fireplace22] 08/1/2019 11:52

Have we ever been in such position that two of the employees of Loyalward whom I believe are negotiating SC on behalf of Minoan (please correct me if that isn't the case)now own 12.5% of Minoan, its main creditor potentially owns a further 17% and a couple of other private investors (who knows their affiliations?) have another 10% plus. These people are going to be hell bent on looking after their interest, hopefully that will coincide with ours.

[scotty1] 08/1/2019 11:12

He always used to reply to me and to many others,but he tells you nothing,as i said even major shareholders are fed info which as amounted to nothing,as for twitter a lot of the stuff posted is pure rubbish,nope i'm not here for a argument and i'm sure there is some upside from these levels when they finally get some real news out how much upside these days is very debatable,as for the MMs even if they knew news was coming (which they don't)they are here to make a market and keep themselves in business.

[iman1974] 08/1/2019 10:59

I have had a lot of emails from Bill Cole, he always replies. What has twitter to do with this board? I'm not here for an argument, I'm saying what I think as can you.

[iman1974] 08/1/2019 10:55

Market makers know more than you give them credit for.

[scotty1] 08/1/2019 10:54

iman1974 as for being in constant communication with the board they keep thier major shareholders in the dark so you'll get nothing out of them and i know this for a fact.By the way i suppose you are the iman on twitter?

[iman1974] 08/1/2019 10:54

What relevance does his salary to date have on this project coming off? Like I said like them or loath them this will happen and the clock it ticking.

[psbhoy] 08/1/2019 10:49

CE's life work has been to withdraw £250,000 p/a for many, many years. Please advise how much of their own cash they have "pumped" back in. I have seen no evidence whatsoever that the inimitable CE put his hand in his pocket to buy any shares back with his unwarranted salary.

[iman1974] 08/1/2019 10:32

Like or loathe CE and his team, this has become their life's work. This will go ahead, I am in constant communication with the board. Bill Cole is happy to reply to email. They have sold off their only source of income and are at retirement age. They have pumped their own cash back in. What does this tell you? It's close that's what. Market makers know this as well.

[fireplace22] 08/1/2019 10:15

As Wi1l says if they are looking to buy in 1m they won't be giving you/us bargain prices.

[fireplace22] 08/1/2019 10:02

They/we aren't selling though are they. That's not what the mm's currently want.

[colinzeal] 08/1/2019 09:56

"..to trigger panic selling among disenchanted holders" - Lord knows there are enough of those!! Must be one of the most depressing stocks on the market...literally no news; nothing to go on; endless dilution; misleading RNSs (when they do come) etc

[fireplace22] 08/1/2019 09:50

Shares bought today are no cheaper than could have been bought during the past few days. Only the bid price is down to create the semblance of a tumbling share price and to trigger panic selling among disenchanted holders. :-)