Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMinoan Share News (MIN)

Share Price Information for Minoan (MIN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.65
Bid: 0.60
Ask: 0.70
Change: 0.00 (0.00%)
Spread: 0.10 (16.667%)
Open: 0.65
High: 0.65
Low: 0.625
Prev. Close: 0.65
MIN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Live Co drops on expectations of annual loss

Thu, 05th Jan 2023 10:17

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

----------

AIM - WINNERS

----------

Itaconix PLC, up 15% at 5.08 pence, 12-month range 2.85p - 7.40p. Peter Nieuwenhuizen becomes chair on a permanent basis with immediate effect. Firm also appoints Paul LeBlanc to its board as an independent non-executive director and as chair of the audit committee with immediate effect. LeBlanc is chief financial officer of Bemis Associates Inc, a manufacturer of specialty films and adhesives for the apparel and industrial markets.

----------

Great Western Mining Corp PLC, 11% at 0.15 pence, 12-month range 0.10p - 0.17p. Reports "great strides" over the last year and outlines its plans for 2023, aiming to build on this momentum. Expects to commission a processing mill in the first half of 2023 and boasts an "ambitious programme of exploration" to follow up on successful drilling results achieved over the last two years. Explains it is transitioning into a revenue-generating precious metals producing entity, which it says will be a significant milestone for the firm.

----------

AIM - LOSERS

----------

Live Co Group PLC, down 11% at 2.70 pence, 12-month range 2.21p - 13.00p. Says it will deliver a loss during 2022. "Whilst the foundation for successful revenue generation from the groups diverse Divisional offering... 2022 continued to be challenging as the negative impact on live events from Covid were still being felt, despite the attempts to diversify and the acquisition of the remaining share capital of StART and the commitment of investment from the Republic of Korea, the group will deliver a loss during 2022," it explains. Notes the disappointment of the cancellation of a major London event and an event in Frankfurt. Says it managed to make profit of GBP80,000 from the German event and was also able to recover GBP137,000 of staff costs. Says it aims to offer three events in Europe during 2023. Notes the contacts for these are multi-year and have helped to identify further options in Japan and Europe. The events are expected to generate revenue of GBP1 million for the Korean division. For its Bricklive division, revenue is expected to be in line with the prior year despite a reduction in tours. Revenue in the StART ART division has been "minimal" but firm notes that events have continued to grow.

----------

Minoan Group PLC, down 5.4% at 0.97 pence, 12-month range 0.87p - 1.37p. Expects to conclude "constructive" discussions over its secured debt with DAGG LLP "shortly". Says it will update shareholders in due course. Also expects to provide an update on the progress of discussions regarding the commercial and financial activities of the Itanos Gaia Project in Crete.

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
3 Apr 2020 11:41

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

Read more
3 Apr 2020 11:31

Minoan continues to search for potential partners

(Sharecast News) - Hotel owner Minoan Group said on Friday that its efforts to secure potential partners for a project in Crete had not been "unduly affected" by the effects of the Covid-19 pandemic.

Read more
11 Dec 2019 13:34

Minoan Group Mulls Commercial Deal; Raises GBP200,000 Via Subscription

Minoan Group Mulls Commercial Deal; Raises GBP200,000 Via Subscription

Read more
31 Jul 2019 12:30

Minoan Group Annual Loss Unchanged; Progresses On Crete Resort Project

(Alliance News) - Minoan Group PLC on Wednesday reported broadly flat loss in the first half of its current financial year as it progressed on its project in Crete, Greece.The resort said

Read more
10 May 2019 15:17

Minoan Group Receives Shareholder Approval To Issue 117 Million Shares (ALLISS)

LONDON (Alliance News) - Minoan Group PLC said Friday it has received shareholder approval to issue 117.4 million shares to "strengthen its balance sheet and reduce debt".The will

Read more
24 Apr 2019 12:01

Minoan To Raise GBP3 Million In Share Issue For Debt Reduction (ALLISS)

LONDON (Alliance News) - Minoan Group PLC said on Wednesday it plans to raise around GBP3.0 million through a subscription and open offer, which will go towards strengthening the company's and

Read more
8 Apr 2019 09:54

Minoan Focused On Resort Project In Crete As Loss Widens On Disposal

LONDON (Alliance News) - Minoan Group PLC on Monday said its loss widened in its most recently ended financial year as it focuses on progressing its resort development in Greece.Minoan a of

Read more
25 Feb 2019 17:08

DIRECTOR DEALINGS: Three Minoan Group Directors Buy Shares In December

LONDON (Alliance News) - Minoan Group PLC on Monday said that three of its directors acquired shares on December 3.Non-Executive Director Grahame Cook bought 1.2 million shares at 2.5 pence

Read more
3 Dec 2018 09:42

Minoan Raises GBP525,000 Through Placing Of 21 Million Shares (ALLISS)

LONDON (Alliance News) - Minoan Group PLC said Monday it has raised GBP525,000 through the placing of 21.0 million shares at 2.50 pence per share.Shares in Minoan were down 7.4% at 2.50 and

Read more
8 Oct 2018 12:33

Minoan Believes Value Of Crete Project Exceeds Market Capitalisation

LONDON (Alliance News) - Minoan Group PLC said its focus will now be on the "optimisation" of the value of its Crete resort project following its general meeting held Monday.The -

Read more
20 Sep 2018 11:43

Minoan Sells Travel & Leisure Unit For GBP7 Million To Repay Debt

LONDON (Alliance News) - Minoan Group PLC on Thursday said in agreed to sell Stewart Travel Ltd to Zachary Asset Holdings Ltd for a headline consideration of GBP6.6 million.Minoan shares on

Read more
20 Sep 2018 10:30

WINNERS & LOSERS SUMMARY: Rio Tinto Up On Plan To Return Sale Proceeds

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Rio up 1.9%.

Read more
20 Sep 2018 09:04

Minoan lops off Stewart Travel arm

(Sharecast News) - Glasgow-based travel and leisure company Minoan has agreed to sell its subsidiary Stewart Travel for a total of £6.56m.

Read more
31 Aug 2018 10:47

Minoan To Sell Stewart Travel Unit To Lender As Restructure Continues

LONDON (Alliance News) - Travel agency firm Minoan Group PLC said Friday it expects to conclude shortly the sale of its travel & leisure unit to its primary lender, which should see it repay a

Read more
31 Aug 2018 09:20

Minoan approaches 'imminent' sale of travel business

(Sharecast News) - Travel and leisure firm Minoan Group on Friday confirmed that it is close to reaching an agreement for the sale of Stewart Travel to its main lender, Zachary Asset Holdings.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.