Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Minoan Group plc ( (GB:MIN) ) just unveiled an announcement.
Minoan Group Plc has announced its unaudited interim results for the six months ending 30 April 2025, revealing significant financial challenges. The company is not considered a going concern due to liquidity issues and a decrease in total assets from £52,109,000 to £6,236,000. The loss for the period increased to £731,000, attributed to changes in accounting policies. The company is at an impasse with the Public Welfare Ecclesiastical Foundation and faces potential insolvency without a formal offer from DAGG LLP. Trading of the company’s shares remains suspended on AIM pending further financial clarification.
More about Minoan Group plc
Minoan Group Plc is an AIM-listed company focused on resort development. The company operates in the real estate and hospitality industry, primarily engaging in the development of resort projects.
Technical Sentiment Signal: Sell
Current Market Cap: £1.63M
See more data about MIN stock on TipRanks’ Stock Analysis page.