Disclosure: I own shares in one or more of the stocks mentioned. 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.
AIM-listed Minoan (MIN) released the details of the rescue offer from DAGG after hours last night. As I had suggested, the offer involves stripping the subsidiary holding the proposed holiday resort in Crete from the company and a partial settlement of debts. In essence, if it all goes through, shareholders will be left with an empty cash shell.
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