for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Why would anybody be selling at this stage??

Biscuit
The 500k sell at 1147am set the sellers off, the big sell was properly a buy if they had a good look at the price (silly lot chill out) see what I mean a 314k buy at 1206am

Lol, buys coming back in, oh what a rollercoaster... Very interesting this share...

I wish i hadnt got out of this now .I made a nice profit and sold before the recent dip.I think ill get back in as i believe all this 13p or 16p is going to be irrelevant at the end of the year when its way higher..JB...

If you banked profit jb there is nothing wrong in that, I like you made profit now back in on Friday and will continue to hold, its an exciting stock i'll give you that...

Well done Jimmyb for making some dosh and I agree with your second comment that by the end of the year 13p or 16p will be irrelevant. I said the same when I had some at 4p,5p and 6p. I havn't taken profits as it is my no1 play on the stockmarket from a low sp base and I believe it will be a multi-bagger and I am not good enough to call trades. Welcome back if you take that decision.

Lots of late selling Transactions but yet the sp is holding firm? What does this tell us?

Nothing, lol

It tells us that, maybe!, 38million 12.8p placing shares are being sold into
strength and they want to get rid of them before the prelims.

FILTHY POOR
FILTH, That was last week, this is day to day trading

FP - can you explain what you mean please - I thought the 38m stock had already been taken up ?

Not a bad end to the day and it Snowed.

The 38million was placed with KBC Peel Hunt, (House broker & Market Maker).
They may have taken the stock on knowing full well that they would then be able
to sell them higher on the back of the Asda RNS.

FP - Thank you - did not realise they could do that. Does that mean we will never know when the whole 38m has been successfully disposed off?

As 38million is more than 3% of the issued shares then they would have to declare it.

FP - Do you know for sure if the whole 38 million was placed WITH KBCPH or were xome placed BY them with other institutions? In which case we would not necessarily be aware of how much was disposed of.

SD

Thought they had to dispose of them by February 25?

Not a bad day. The SP has recovered most of the loss from last week. I agree with Andy S regarding the support level of 13p, but hope we never see it again. Glad to see we have some positive postings rather than all the negative rubbish we saw when people panicked lat week. Roll on 20p, then 50p and then 150p.

stockdog
No, can't be sure, KB may have aquired them for a client. But I suspect not.
This would have been easy money for them.
Only know for sure what was said in the RNS.

Paulo2
The shares were to be admitted between the 15th and the 25th.
So, it is possible that they may not have been admitted yet.

The key points from the RNS re the placing are: (1) "The Board is pleased to announcce the placing by KBC Peel HUnt (brokers to SEO) of 38M ord. shares at a price of 12.825p pershare ro raise approximately... 4.7m after expenses; (2) we then get the normal clause re application to be admitted to the official list; (3) Admission of the New Ordinary Shares is expected to become effective on 15 Feb... (4) "The Placing is conditional upon the Placing Agreement between Peel Hunt and the Company having become unconditional in all respects and not having been terminated prior to Admission of the New Ordinary Shares, and admission of the New Ordinary Shares becoming effective by 15 Feb or such later date (not being later than 25 Feb) as the Company an KBC Peel Hunt may agree".

Effectively, KBC Peel Hunt are acting as broker to place the shares in the market. The clauses allow that they might fail but, given that more than this amount have been sold directly in the market in the interim at higher prices, that is a non-starter. Presumably there will be an RNS during this week to confirm that they have been sold. Not an issue. Not sure why it has been brought up. The purchasers are presumably institutional investors: no barrier to their sale as with any other shares. Not a big problem so no problems of overhang.

Eric