Minoan Share Discussion Threads

[daicaprice] 28/5/2020 17:55

I sincerely hope you are right Hugo, it will need some new money to come in though and I’m not sure how we get that without news from here.
Loan solution confirmation desperately needed whichever way they have gone about it.

DC

[hugothesecond] 28/5/2020 17:49

Double bottom and rise upto 2p likely before news.

[hugothesecond] 28/5/2020 17:49

Double bottom and rise upto 2p likely before news.

[microscope] 28/5/2020 10:56

Haha yes that's quite a record! So I guess the 18 months or whatever they've known about this possible/likely outcome is nothing compared to that.... ;)

....but still, all that time to prepare.... it needs sorting!

[atlantic57] 28/5/2020 07:54

The Company is in the hands of its lawyers who from my own practical experience of running an accountancy Practice always have a tendency to drag things out for as long as possible even in the simplest of transactions.

Thellusson v Woodford In this case lawyers started in 1797 and finished the matter in 1859.

Hopefully Pinsents will beat that..

[microscope] 28/5/2020 07:12

Typos above amended

[microscope] 28/5/2020 07:11

Still no announcement. Wasn't the loan due for repayment on April 9th? Nearly the end of May. They need to clear this up pronto.
Fear is that a financial restructuring could nearly bleed the company dry if it's not sorted soon....

[yorgi] 27/5/2020 15:40

What difference a day makes. The suggestions, thoughts yesterday that something was “in the air” and today volume less than half yesterday’s and the share price dropping back a bit.

Profit taking from the rise from the bottom or frustrated long term shareholder or shareholders.

[daicaprice] 27/5/2020 09:29

Was just posting let’s see if our buyer is still around, you beat me to it.

DC

[wi1l] 27/5/2020 09:27

Well that's evened things up a bit! Still, in the recent past there's always been someone hoovering up any significant sells.

[hodhasharon] 27/5/2020 08:36

Nice looking chart.

[daicaprice] 27/5/2020 08:34

It’s a big ask for it to rise further without an update, we’ve had a very positive 10 trading days so I will be happy to hold gains today.

DC

[wi1l] 27/5/2020 08:30

Deafening silence on both sides of the fence - which way will it go today?

Edit -Since 1st May Buys 5,206,560 and sells 4,262,767 so the buys are still in the lead by 943,793 - mm's still running low IMV.

[yorgi] 26/5/2020 17:06

Agreed DC and hopefully we won't have much longer to wait to find out more. The signs are encouraging in my opinion.

[daicaprice] 26/5/2020 17:04

Heading in the right direction and happy to hold for the bigger picture to be revealed.

DC

[yorgi] 26/5/2020 15:20

I'm sure it's welcome by all of us to see the share price rising from the recent lows but still less than £7m market cap which is a long way short of what the project was valued at in the very recently released accounts.

Minoan is still well undervalued.

[yorgi] 26/5/2020 15:06

My goodness it must the sun 😂

[atlantic57] 26/5/2020 15:02

Whatever the reason it is good to see the share price going up.

[nobbygnome] 26/5/2020 14:40

The bid has been rising steadily for the last hour. Definitely something afoot...

[daicaprice] 26/5/2020 14:25

Something has leaked here, very unusual buying pattern today,I can understand sellers taking a profit from lows but they may regret.

DC

[daicaprice] 26/5/2020 14:14

Something going on gents, they are loading up and willing to pay 1.47p, update may not be far away.

DC

[yorgi] 26/5/2020 13:52

Bidding over 1.4p on 100k plus as well.

Good to see the share price moving up from recent lows but in my view still way too low.

[wi1l] 26/5/2020 13:41

Can't get any now, not even 1K!

[daicaprice] 26/5/2020 13:32

Yes good volume on both sides today allowing it to creep up slowly.

DC

[wi1l] 26/5/2020 10:12

Didn't take much to get down to only 1K again! Can't think what will happen if the company even remotely manages a little success.