The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Byotrol's share price was taken down to 0.55p by those who were aware that a move to delist was imminent.
As usual, the market then totally over-reacted to the news, prior to the the current strong recovery to regain that level.
Every chance then that we will see another 100% advance sooner rather than later, for their is an urgent need for all players here to quickly secure sufficient shares to support their various competing strategies
Number 4 on the leaderboard today @ + 33.3 %.
Number 1 on the leaderboard tomorrow ?
"The coming week could well see the Byotrol share price spring to life; for there are several significant holders who will be seeking to protect the FUTURE potential value of their not insignificant investments."
All this talk of administration is wishful thinking by those seeking a rock bottom entry point.
The coming week could well see the Byotrol share price spring to life; for there are several significant holders who will be seeking to protect the FUTURE potential value of their not insignificant investments.
What better way to achieve this than taking contol of BYOTROL via the lunacy of its current miniscule market valuation.
An exciting week could well await.
Whilst there was no RNS today, It seems likely that we will see several issued over coming days.
Will Traynor increase his holding and/or will other BoD members purchase Byotrol stock at the current derisory 0.1p level.
Common sense suggests that other corporates must be assessing the potential on offer here at a market cap of just £400k.
Watch this space !
Watch this space
There is no (Minoan) land, no registerd lease, no footprint, never mind any value; just an ever increasing number of shares.
There is however a consistent failure to deliver which can be set alongside an interminable chain of RNS's , mostly falsely claiming that promising developments were imminent.
Investors in Minoan have been patently and persistently misled.
Why should 2024 prove any different ?
Most companies throw an occasional "however" into their commentary on progress.
Not at Minoan though, where everything is always "progessing well"....no ifs or buts.
I fear that they will soon have to issue a RNS with multiple "howevers", when the need to explain failure arrives
As NYB states, Minoan have come to the end of the road.
Their financial year ended in October.
Auditors require assurances to designate both Loyalward and Minoan as going concerns.
As neither has any cash prospects look bleak indeed.
£3.9 million is required + other financial agreements before even the short 40 year lease will be activated.
So, Minoan have no money, no lease, no annotated inventory , no revenues, no staff and certainly no momentum.
They do however entertain 14 (YES FOURTEEN) Directors to carry the burden of taking the project forward.
SELL !!
Good luck with you blinkered approach to investing Bigwil7 , for I believe that you will require more than a modicum of good fortune to avoid a total loss with this one.
I am awaiting a response from Minoan's auditors regarding the validity of the "inventory " figure ; pointing out that swerious investment has occurred in relliance of their audit figure.
With only a weak part paid option on the land, I believe that Pedrobull's suggested figure is hugely optimistic.
When push finally comes to shove with this project, then a big fat ZERO figure could be more on the money.
Time, along with cash and credibility, has finally run out .
Even if an interested developer ever emerged, demonstrating the necessary skill set plus sufficient finantcial backing; why would they not bypass Minoan.
In fact they would give MIN a very wide berth given MIN's total lack achievement over two decades.
As ever, In all negotiations, money talks.
Minoan have none and accordingly have no voice.
As NYB suggests, the backdrop for any possible move forward in the project is pretty brutal and worsening.
I would not be inclined to invest, even if Minoan's shares halved yet again.
The portents for the sealing of any deal are ambiguous at best.
Bishop Filotheus of Siteia went on record as saying, "The plan for the development of Cavo Sidero will only be enforced over my dead body".
For Minoan to claim that they could proceed with only a part paid option on the land is clearly invalid, as
they have proven totally incapable of achieving any worthwhile progress in over two decades..
Just how low will the SP have to fall before the optimists acknowledge the overwhelming bearish factors ?
0.25p ??