Minoan Share Discussion Threads

[wi1l] 08/8/2020 18:05

The monastery own the asset Rmc and have a contract with Loyalward a wholly owned subsidiary of Minoan. The company are not looking to develop it themselves but find a partner to develop it under a joint venture where the company provide the land and the JV partner(s)everything else. The company could, of course, pass the parcel on (for a substantial sum). Would suggest you look at the recently updated web-site for further information.

[rmc100] 08/8/2020 15:43

So do Minoan actually own the asset, (the land) and are they planning to develop and sell, or just sell the asset with planning ?

[yorgi] 07/8/2020 15:16

Makes the present market cap quite laughable Waterloo.

[waterloo01] 07/8/2020 15:05

I keep thinking about the cunning wheeze of the Greeks to offer a flat 7% tax rate to retirees. It will create some serious demand for top end properties, with land, access to the sea and maybe a golf club. The site could host 100's of top end retirement villas and still have building space for a golf course, further villas for rent, hotels, restaurants and still only building on 0.5% of the land. All set with 26kms coastline,beaches and coves.

Top end villas in and around Sitia, most with not much land, selling for upwards of $5m. MIN current market cap. £6.25m

[daicaprice] 07/8/2020 11:45

Ha, someone decided to take them up on it. I’ll keep quiet.

DC

[daicaprice] 07/8/2020 11:27

They are bloody annoying, if they are paying 1.52p for 100k why don’t they advertise as 1.5p and not 1.3p, really bugs me.

DC

[waterloo01] 07/8/2020 11:26

Good to see some new investors. Welcome. Ask any questions you want, happy to answer where I and others can. MIN website is a good place to start.

[rmc100] 07/8/2020 11:20

Just got £1000 at 1.6

[wi1l] 07/8/2020 11:07

Keep trying, its the same here -the doors are closed at 1.7p still but any change in bid/offer and they open briefly so you have to jump in quick!

[rmc100] 07/8/2020 10:56

Still can't get a quote, has anyone else had a trade go through with aj bell

[wi1l] 07/8/2020 10:50

Now we are getting going! the 100K at 1.57 was a buy not a sell.

[yorgi] 07/8/2020 10:48

£6m market cap, still way lower than the value of the project.

[wi1l] 07/8/2020 10:41

Price to sell 300k has gone up a bit.

[wi1l] 07/8/2020 10:38

Door closed on 1.7p too!

[wi1l] 07/8/2020 10:35

Now that is stretching the point Scotty! I doubt it very much, but could be possible as they closed the spread up tight in the last few days.

[tickboo] 07/8/2020 10:33

The spread is ridiculous though. Surely the BID needs to move too. They're seemingly discouraging trades.

[wi1l] 07/8/2020 10:31

You can buy 1000 and sell 300,000!

[scotty1] 07/8/2020 10:29

Are we sure the 1.5m at 1.25p was a sell.couldn't it have been a filled buy worked over a few days as you could buy at 1.25p a couple of days ago,hence closing the doors on online buying,

[scotty1] 07/8/2020 10:27

By which you mean no online offer will ?

[wi1l] 07/8/2020 10:25

Sorry that was shortlived back to square one!

[yorgi] 07/8/2020 10:22

I bought easily last week on Fill or Kill using ii when I was unable to get an online offer.

Why it was like that I couldn’t understand but I was pleased to be able to add at this low level.

[scotty1] 07/8/2020 10:21

yep.wi1l, the mms better get the bid moving up as well,spread a bit much,

[wi1l] 07/8/2020 10:20

You can buy as many as you like at 1.60p now Scotty.

[greenrichard] 07/8/2020 10:19

I bought some on a fill and kill quite easily through ii

[scotty1] 07/8/2020 10:18

Hmm pointless post already moved.