Minoan Share Discussion Threads

[boliviana] 18/3/2021 16:01

They have one by the looks of it our 100k seller who is still getting rid. Might not all be the same seller I suppose but looks like it might be. Needs the cash, fed up with the wait or does not have confidence any longer.

[rafboy] 18/3/2021 11:19

Confirms to me that they only want sellers. Almost like they want to discourage buyers.

[nobbygnome] 18/3/2021 11:16

And not all the buys are showing. Someone I know bought 50k this morning but had to pay the full 1.4 on a fill or kill basis. That trade is not on the trade log which is curious....

[the skipper] 18/3/2021 11:02

Seems to me that they saw that some sell orders had been placed and took the bid up to trigger them, but that's all they got and I just got offered 1.2715 on a dummy sell of 500k so there is clearly still a decent appetite for stock amongst the market makers with 4 on the bid @1.20 and only Cantors on the ask @1.40.

If nothing was happening here there'd be a lot more sells coming through imho, so I am happy to wait and am off fishing again now in this lovely weather.

[escapetohome] 18/3/2021 09:18

Well the higher price did attract the seller, so suggest they take it up rather than down.

[rafboy] 18/3/2021 08:34

I think they only want sellers Nobby.

[nobbygnome] 18/3/2021 08:31

Still can't buy any volume, 50k is the maximum online quote.

[wi1l] 18/3/2021 08:11

Testing the water, seller bit, toe out, back to square one!!

[daicaprice] 18/3/2021 07:51

Just need some buyers at that price, let’s see and good luck.

DC

[wi1l] 18/3/2021 07:42

1.40p - 1.70p !!!!

Thats a FFFFFFFFFFFFFFFFFlipping GOOD START to the day........................

[daicaprice] 17/3/2021 23:21

My crystal ball has always had a dreadful mist when it comes to Minoan although I did manage to make money the first few times I bought largely thanks to Jo Hart and lucky timing.
My gut feeling is we’ll creep up the closer we get to the end of the month just in case they actually deliver a positive update during their promised timescale.
I wouldn’t bet my £20k invested on my gut feeling however.

I would punt £5k at these levels and under 2p though on the risk and reward %.

DC

[boliviana] 17/3/2021 20:19

Looked like their might have been dc but none appeared. Do you think we will see the rise continue tomorrow dc ?

[rafboy] 17/3/2021 15:49

Can you tell them to move the bid then Nobby, LOL.

[nobbygnome] 17/3/2021 15:46

You would be paying 1.6 for 700k now I reckon.....

[wi1l] 17/3/2021 14:41

At a guess they were from STNO, they seem to be the only ones with shares to sell. He was fortunate imv as I was too a few weeks ago and picked up 1m approx one morning, so they are there to be had. STNO arrived this year soon after the placing in Dec so presumably picked up a few to sell there. The others either don't seem to have any or if they do, don't want to part with them at these levels. Interesting......stalemate.

[daicaprice] 17/3/2021 14:28

My mate picked up 782,472 shares last week in one hit online when we suspected they were short @1.278p.
If they are looking for shares I’d have expected the bid to be advertised @1.35p minimum.

DC

[nobbygnome] 17/3/2021 14:27

Just asked my broker how much it would cost to buy 200k...

[boliviana] 17/3/2021 14:25

Bid up as well Will, now 1.35p on 100k, so it looks like MMs want a few more. They want to tease just a few more out those that want to part with them before news hits.

[nobbygnome] 17/3/2021 14:24

Need someone to wade in and be willing to pay up for 250k. The MMs seem very twitchy about moving it which as you say has happened in the past. I guess they know that if they let the reins go, it could be 2p in a flash and presumably they are caught and short so are very wary!

[daicaprice] 17/3/2021 14:23

And still they don’t move the advertised bid, ridiculous scenario.

DC

[wi1l] 17/3/2021 14:18

Can only buy 1K on-line, this has all happened before (many times).

[boliviana] 17/3/2021 13:13

Just over 1.3p on 100k but still only 1.3p on 500k.

[boliviana] 17/3/2021 13:11

The bid is up slightly, not a lot but up on earlier today.

[nobbygnome] 17/3/2021 13:05

Yes they need to move the bid up!