Minoan Share Discussion Threads

[hugothesecond] 20/4/2021 12:17

MM taking all shares from weak holders knowing they can make a killing shortly.

[daicaprice] 20/4/2021 11:39

Sellers still in control until the update and then hopefully some positives to chew over and see if sentiment turns.

DC

[nobbygnome] 19/4/2021 20:54

Looks like they were the block of shares causing the overhang. If it has now cleared, we could see a pop tomorrow if there is similar buying volume to today. It certainly would explain where the MMs got all the shares from.

[daicaprice] 19/4/2021 18:28

It’s a worked sell I’d say, possibly over the last few trading days, a nice odd number could be significant. Only time will tell.

DC

[wi1l] 19/4/2021 17:30

Recorded late 2,103,896 @1.25 about 4pm - buy or sell? Could be either but I reckon its a sell, (worked on throughout the day) because all the buying today had no effect on the share price.

[wi1l] 19/4/2021 17:08

Assetco up another 9% on very little volume.

[nobbygnome] 19/4/2021 13:22

Yes the volume might not be that high but it's higher than it has been for months!

[hugothesecond] 19/4/2021 13:12

Although relatively small buys today there has never been this appetite for many years for consistently buying spare stock. Someone is slowly accumulating.

[nobbygnome] 19/4/2021 13:09

And another 250k buy....

[hugothesecond] 19/4/2021 13:08

CE has to hand over to MG to take forward this will open up doors to secure new investor with property asset management skills and contacts. The next month could be transformational for MIN. Looks like all largish sales being mopped up which is certainly encouraging.

[nobbygnome] 19/4/2021 13:03

Good 530k delayed buy from earlier.....at least we are geting some volume but hardly spectacular!

[daicaprice] 19/4/2021 09:22

The spread tightening nicely, looking forward to our more detailed update.

DC

[rafboy] 17/4/2021 11:59

Depends on the deal and who supports it.

[fireplace22] 17/4/2021 10:44

I think CE would have to go before anyone put serious money into this.

[wi1l] 17/4/2021 10:26

Where's this new investor coming from, Hugo? Any connection to Martin Gilbert??

[hugothesecond] 16/4/2021 17:16

All set for an interesting time next week. They will need to announce results by next Fri to allow time prior to AGM a week later.
I don’t believe a share consol will not happen in short term.
Believe we will however see a new investor coming on board to show continued momentum.
Also we could hear the results of discussions with Greek landowners to improve commercial terms/conditions to make project even more attractive to investors.

[daicaprice] 16/4/2021 16:47

Delayed buy of 325k showing, lull before the storm hopefully.

DC

[daicaprice] 16/4/2021 11:37

1.28/1.32 now, I didn’t do a dummy just took the 200k price.

DC

[fireplace22] 16/4/2021 11:22

If an offer (ASTO) comes it may well be a share swap and holders will be starting afresh in a new speculation currently with shares at a 30% spread, any premium being significantly reduced due to ASTO's shares illiquidity. I'm hoping if anything is about to happen it isn't with them.

[daicaprice] 16/4/2021 11:06

That 1.23/1.32 spread needs closing and it’s only a bit of volume will do it, thought we may have had a few nibblers around this morning.

DC

[wi1l] 16/4/2021 08:20

Not the frenzied buying activity that one might expect in anticipation of an offer from AssetCo on their first day under their new strategically "active" management..........but its early days.......you never say never.....

[dave4545] 15/4/2021 18:50

Very true what you say the count.

I've seen it happens loads of times you let people know the mm's are bidding a huge price and bang somebody takes it, perhaps others are testing the limits a lot as well and thought 1.32p bid was generous considering only 1.3p high had been paid. More like it says the price is going to trade higher soon.

[daicaprice] 15/4/2021 18:01

4p would be very tempting at the moment I have to say.

DC

[nobbygnome] 15/4/2021 17:42

5p would value the company at around £28 million which under the circumstances would seem fair to me. However, I am not sure the long term shareholders would be too happy with that level....

[rafboy] 15/4/2021 17:29

Initial offer around 3p. Hopefully to be rejected and 5p accepted