AEA Technology



Provides consultancy, technical services and products to three markets: Rail; Environment and Portable Power . AEA operates from 50 locations worldwide, including Harwell, Derby, Thurso, Glasgow in the UK, with offices also in the US, Canada, the Netherlands and Germany.




http://www.aeat.co.uk/

They have some funding from LLOYDS to keep them alive. They have so many contracts with governmental institutions in the US, UK and Europe which cannot be stopped so easily.

What is the likelihood of surviving? up to 10%, 20% or 50%? Any idea?

Interim Management Statement

Trading in the period remains in line with the Board's expectations.

As we said in our recent annual results statement, trading conditions remain challenging. Nevertheless, good progress is being made in the implementation of the business plan.

On 6 August we announced that we had secured additional short term funding to allow the Board to continue to consider all strategic options to realise value. We continue to have ongoing discussions with a number of interested parties. The Board will provide further updates in due course.

As previously announced the Board does not envisage there will be offers for the share capital of the Company and the Board remains of the view that such options will result in little or no value for Shareholders.

Skinny,
DO you still hold these?

Yes - I still have half of those bought last November - effectively worthless.

Te same with me. 99% below water!!! thanks god it is only £2.5k.

.

I'm not quite sure what that's all about?

Stranger and stranger - Holding(s) in Company

The Watsons now @ 10.956%

Indeed, why?! They either want to create a loss for Capital Gains purposes which would be silly, or they are not going along with the Boards' implication that the shares are worthless!

Or, of course, they will become the new owners.

At this price, everyone can buy 14M shares. It's less than £10K.

However that's positive.

Now @11.594%

@£100k worth give or take.

184,639,722 shares held by the Watsons now.

AGM on 19th September should be interesting!

Currently up 62.5% - should we expect another 4:31 RNS !

Now in auction +75% - I'm confused here.

My best performing share! :o)

Still a pile of poo though!

FFS - in auction +30.8%

Now up 69.2% and that gap almost filled.