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Minoan at 9p worth 21p or is it 41p or is it 61p?

By Tom Winnifrith | Tuesday 5 April 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Okay this reasearch from Equity Development is paid for and so it is unlikely to be headlined "screaming sell" but I happen to think ED is among the better of the paid for researchers (its all relative) and this report on Minoan (MIN) is logicaly coherent. It sets targets for the shares, now 9p, of 21p (short term), 41p (medium term) and 61p long term.


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