Minoan Share Discussion Threads

[clocktower] 29/3/2022 07:40

LOL T101 you managed to hit the nail on it’s head this time. Remember the story about the tortoise and the hare, well the snail after having a wonderful time along the way is at the gates of heaven, as we view the promised land after a long slow journey.

[terminator101] 29/3/2022 06:52

29 July 21 -- Commercialisation of the Project in Crete is being accelerated I'd hate to see what normal progress looked like. Snails move faster. Zzzzzzzzzzzz

[clocktower] 29/3/2022 06:03

So that clears that up but it also suggests that there must be another large delayed buy, as the MM were paying up to 1.30p yesterday morning without any apparent buyers.

That leaves the question as to how large the buy will be, when it becomes visible, and at what point did they fill the order and start dropping the bid to assist with filling whatever they needed too. Will they be playing games again today, to try to shake out more stock?

I suspect if we see PI’s buying early they share price will rise rapidly but if there’s a slow start they will gain more stock on the cheap before the weaker holders have reduced their holdings for a small profit, to then watch it assent and kick themselves at the prospect of lost opportunities.

We have all been there at one time or another but far to early to top slice after such positive news we received last week but at least it provided liquidity and gives buyers like myself a window of opportunity to add to what is slowly becoming a reasonable stake, considering how late I joined the band of faithful holders, rather than the small band of traders, which I had openly disclosed previously, to much annoyance to numerous longer term holders.

As I continue to buy my average will continue to rise and the percentage gain is bound to fall from the 500% target set, as my cost is now just over 1p and rising but in cash terms the profits will be considerably larger, I hope and truly expect within the next month or so.

Let the trend be your friend.

[nobbygnome] 28/3/2022 21:33

That sell explains why we didn’t rise more sharply on Friday when apparently there were lots more buys than sells. They were still short after Friday I believe which probably explains why they were prepared to take more on board today.

I have decided to buy another 200k tomorrow morning if I can get 1.25 or below. I like the makeup of the trade patterns recently and feel like there is some underlying momentum!

[wi1l] 28/3/2022 18:35

Yes - looks like you are right DC, still a sell, but shortly after there was a 1M buy put through..

[daicaprice] 28/3/2022 18:27

Thanks wi1l, thought it had to be Friday.

DC

[wi1l] 28/3/2022 18:23

LSE have the trade recorded correctly time-wise as Friday 25th March 14.03.18 whereas advfn have added an hour for the clocks going forward. Look back an hour earlier at the trades around about 2pm Friday........

[daicaprice] 28/3/2022 18:21

These were the trades after 1pm last Friday.

Minoan Group Plc

Level 3 Montage
Historical trades:
Minoan (MIN)
Minoan (MIN)
3
Following MIN [ADVERT]
Num. Price Size Type C T Bid Offer Time Buy Sell ? Buy % Buy Vol. Sell Vol. ? Vol.
65 1.247 20000 O


1.1
1.25
15:46:27 20,000

5,725,534 965,562 120,000
64 1.16 100000 O


1.1
1.25
15:33:15 100,000

5,705,534 965,562 120,000
63 1.247 25000 O


1.1
1.25
15:26:38 25,000

5,705,534 865,562 120,000
62 1.25 50000 O


1.1
1.25
15:10:04 50,000

5,680,534 865,562 120,000
61 1.247 35000 O


1.1
1.25
15:09:10 35,000

5,630,534 865,562 120,000
60 1.205 7000 O


1.1
1.25
15:03:45 7,000

5,595,534 865,562 120,000
59 1.2 1000000 O


1.1
1.25
15:01:54 1,000,000

5,588,534 865,562 120,000
58 1.22 250000 O


1.1
1.25
14:42:47 250,000

4,588,534 865,562 120,000
57 1.25 400000 O


1.1
1.2
14:36:57 400,000

4,338,534 865,562 120,000
56 1.19 250000 O


1.1
1.2
14:17:08 250,000

3,938,534 865,562 120,000
55 1.172 100000 O


1.1
1.2
14:08:06 100,000

3,688,534 865,562 120,000
54 1.172 84514 O


1.1
1.2
13:59:22 84,514

3,588,534 865,562 120,000
53 1.105 65000 O


1.1
1.2
13:48:48 65,000

3,504,020 865,562 120,000
52 1.172 30000 O


1.1
1.2
13:40:16 30,000

3,504,020 800,562 120,000
51 1.174 170357 O


1.1
1.2
13:39:31 170,357

3,474,020 800,562 120,000
50 1.111 100000 O


1.1
1.2
13:37:50 100,000

3,303,663 800,562 120,000
49 1.111 735 O


1.1
1.2
13:18:46 735

3,303,663 700,562 120,000
48 1.174 50000 O


1.1
1.2
13:11:24 50,000

3,303,663 699,827 120,000
47 1.174 44552 O


1.1
1.2
13:10:51 44,552

3,253,663 699,827 120,000
46 1.174 105966 O


1.1
1.2
13:09:48 105,966

3,209,111 699,827 120,000
45 1.19 83533 O


1.1
1.2
13:04:44 83,533

3,103,145 699,827 120,000
44 1.174 150000 O


1.1
1.2
13:04:14 150,000

3,019,612 699,827 120,000
43 1.174 250000 O


1.1
1.2
13:03:53 250,000

2,869,612 699,827 120,000
42 1.174 250000 O


1.1
1.2
13:03:43 250,000

2,619,612 699,827 120,000
41 1.17 10000 O


DC

[daicaprice] 28/3/2022 18:02

Definitely a sell from Friday it was just after the 1m buy @1.2p and they were way down on the amount of buys before that.

DC

[waterloo01] 28/3/2022 18:01

Recon that will get filled once we have confirmation of the church deal and DAGG being sorted.

[daicaprice] 28/3/2022 17:58

No wonder they didn’t take me up on my 500k @3p sell order lol.

DC

[waterloo01] 28/3/2022 17:50

I did a few dummy sells and they were offering 1.3 briefly, then it dropped to 1.26 and 1.15 later in the day but couldn't buy at points. Suspect it might be a sell which given the number might be someone exiting? As you say encouraging they will take that size of trade

Edit: Still can't see the trade

[daicaprice] 28/3/2022 17:39

waterloo, there’s a trade for 2,647,077 showing at 15.03pm @1.12p but it doesn’t go onto the daily total for ? Column total.

DC

[clocktower] 28/3/2022 17:34

Question is, are most of those trades that look like sells actually buys at what looks like the bid price?

Anyone on this thread like admit to selling any at the bid on offer during the day?

At 15.03 the bid/offer was 1.15 - 1.25 so it would be surprising and very positive if the MM took over 2.6mn at 1.12p at that time of day.

So look forward to another good day tomorrow.

[waterloo01] 28/3/2022 17:30

Can't see what you are referring to?

[daicaprice] 28/3/2022 17:22

It’s got to be a sell from Friday surely, doesn’t explain why they’ve paid a tidy price for so many today.

DC

[clocktower] 28/3/2022 17:21

It could be they knew they had a seller all day long, and just ran the share price up to clear them at a big profit.

[daicaprice] 28/3/2022 17:18

Well that’s confused me even more, when the hell is that from?

DC

[clocktower] 28/3/2022 16:39

If not DC - the house broker must be getting ready for really big news soon, I guess.

[daicaprice] 28/3/2022 16:35

With the amount they’ve taken in above 1.25p today I’m expecting to see at least 1.5m in delayed buys @1.35p or above, otherwise it makes no sense whatsoever to me.

DC

[waterloo01] 28/3/2022 16:20

It's good to see traders be able to trade. I've nibbled a few away today.

[clocktower] 28/3/2022 16:15

Once the weak holders and a few smaller traders are out the way, expect a bigger move up.

[rafboy] 28/3/2022 16:12

What is good is that any pullback is likely to be bought in to which will make a change.

[clocktower] 28/3/2022 16:01

Last week I mentioned I would be buying more and was just waiting for them to settle before doing so, which is why I picked them up at what seems to be the lowest price of the day, so far.

I would not be surprised to see a big late trade (as you say DC) at 1.3p or more, after close.

[daicaprice] 28/3/2022 15:49

That was a good buy today ct, amazed we haven’t seen any delayed buys yet, probably show now after the close.

DC