.

The plans they say have been warmly viewed and have Institutional interest. We wonder whether those Institutions are picking up cheap shares as the small investors limit the damage to their holdings.

We have decided to stay put - it may be a year or so to see growth providing they are in time to play catch up.
Agreed with 2LB's comments on ADVFN.

Remember DYOR

Ageed annbar and staying put for sure.

PAPAL

Have just topped up.,
Am shocked at the news

Hi All,

I topped up at 1.89p, as the news is seen as positive by the trade, and negative by P.I's seeking a quick rise to 10p+, and this is showing in the trades, with several big buys, and lots of small sells, and buy volume now exceeding sell volume as we head back to 3p over the next week or two.

Cheers,
PM

I would have liked to see more figures.

I think the over-reaction is 2 fold:
1) People fear change.
2) Could be longer to wait to see the share price rise to new highs (but at the expense of making the company more stable).

I personally think that the company is being made more and more stable. For long term profitability (and even existence) this is a good thing. For those expecting 100% gains in a few weeks - don't think it will happen :-)

[I have grabbed a few though in the hope of making a fast buck on the bounce!]

Hi Paulmasterson

Massive sells coming through!

Sells almost now equal to the buys

Think that we will end the day at
1.10 pence,then i will buy some more

Loud shouts of "I told you so"

LOL

.

It is not all bad news and they have addressed a lot of issues and made clear their move to retail. All is not lost and there is some decent information in that statement too about the changes going on. I will remain in and see where it takes us.

It looks exactly like ALL bad news.

PP Hi,

Whats the status on L2 ?

I tried buying more on Iweb, and they don't have any stock to sell me !!

Am I right in saying that the P.I's are being shaken out, because Institutions have put in big orders at low prices ????

Cheers,
PM

Hi Paul it might look like the deramping was done with leaked information. Was it done to get people to sell out on fear and panic because of the deramping ahead of the leaked news ?

It could well be someone taking in all the stock now, have not got L2 up at the moment.

PAPAL what do you mean?re your last post

This for me is a TOTAL disaster papal

do the management have any credibility anymore ?? if not it hasnt a chance of raising the money KJ has decent track record at Gamma so hes no fool looks like going to have to hold them with my average price at 4.4p but it is a disaster

More EVS for me at 1.5p .

779111 Buy EVS.L LSE ENVESTA ORD 1P GBP 20/09/2005 14:46 0.01500 275000 1.0000 4125.00
779105 Buy EVS.L LSE ENVESTA ORD 1P GBP 20/09/2005 14:44 0.01500 204775 1.0000 3071.62

Now holding a few million after a nice average down today, once they sell Seven, we will see how much cash they raise for it, and judge whether they need more cash now, or later .... they did say it would be raised over the next 12 months .... not the next 12 days .... LOL !

Cheers,
PM

Paul,wish i had the COURAGE to average down!!!!!!!!!!!!!!!!!!!!,even more

Have had sewaty palms all day,maybee this game is not for me

It sounds like the FSA have been in contact with Envesta and that is why the rushed update out today and maybe delayed results now. Could well be to do with the last line of the update about vendor shares.

Paul is right though this could be a good time for a rise after overselling, well done Paul at 1.5p !

I am just holding and watching.

Know how you feel capetown..had that horrible sinking feeling myself all day....ah, well. It's only money!!!!

Mr mole,
Good dat to you,
Despite all of this can you believe i am still optimistic!,
I have averaged down today but i will not be trading again for SOME time now,thats it,so evs and idd its up to you.
Will have a cold beer to you mr mole,and we will talk when the sp moves up.