bosley
- 20 Feb 2004 09:34
hewittalan6
- 01 Aug 2006 14:34
- 18293 of 27111
Greekman. i agree that procrastination would be covered by the terms of the contract, but so would specific performance, and that is where the grey areas could be.
We should remember that the English language does not lend itself very well to contracts (though it is better than any other), and Asda would be safe in the knowledge that they could argue any point they wished, witha much bigger and stronger legal team, while SEO were getting more and more desperate to move on. It would be the old who blinks first game. if I were SEO CEO and had the choice of a 3 month delay and 250000 legal bill or taking a 500000 hit on the contract I know which i would take. Small companies are forced into this all the time by the big boys.
Anyway, i consider it the least likely of the 3, so it is probably academical.
Alan
Sharesure
- 01 Aug 2006 14:38
- 18294 of 27111
Although the drifting sp seems to point to a different outcome, I still believe that SEO has sufficient 'irons in the fire' to be capable of delivering a pleasant surprise long before it has to seek more cash to fund ongoing activities. I am concerned about this company but not worried about it.
hewittalan6
- 01 Aug 2006 14:43
- 18295 of 27111
I'm offering a very generous 1000/1 that the RNS is a link up with ULT to supply their anti-depression software to all SEO holders.....;-)
Alan
Oilywag
- 01 Aug 2006 14:45
- 18296 of 27111
Alan
I have ALL my SEO shares on that.
The oily one
Oilywag
- 01 Aug 2006 14:47
- 18297 of 27111
With regard to Pinnacle's claim to know that there is going to be a RNS later this afternoon - I think he hinted at after the close - I can't see the sense of it.
If there is going to be a RNS release why shouldn't they wait for tomorrow morning as they normally do. What's the benefit of a release after the close today?
Any comments?
The oily one
hewittalan6
- 01 Aug 2006 14:50
- 18298 of 27111
Isn't it usually the case that RNS that are embargoed to a certain time / date refer to future developements or plans and that those released at any time refer to completed contracts or "new" news?
My guess would be that is to put a date or amount on something we already know, such as machine installation or fund raising. if it were a new contract or new developement then it would have to be RNS'd immediately.
Thats how I understand it, but I am often very wrong.
Alan
WOODIE
- 01 Aug 2006 14:52
- 18299 of 27111
oily it makes no difference if after or in the morning before the open of the market, the news is still in between the close and open of the market , so the impact on s/p will still be the same.
hewittalan6
- 01 Aug 2006 14:53
- 18300 of 27111
The wildest and wackiest thought is that Martin is diarised to meet WM's Mr Big, or Persecos Mr Big at 11 am EST for the pre-arranged signing of something or other. The RNS then could not be released until the formality was over, but WM would have to release it immediately as the markets would still be open across the pond.
Nice, but overly optimistic thought.
Alan
Oilywag
- 01 Aug 2006 14:59
- 18301 of 27111
Nice thought Alan, in fact a veritalble Ovaltine moment. All nice an warm and secure with sweet dreams.
What's happened to EWRobson? Is he away on holiday. Not that Ive got anything against the rest of yer, but I do miss his sage comments (without any implication or insinuation to what I said above to Alan)
The oily one
Tonyrelaxes
- 01 Aug 2006 15:00
- 18302 of 27111
Alan, would WM have to issue their own RNS ? This would, after all, be quite small beer to them and just another day to day trading operation.
kimoldfield
- 01 Aug 2006 15:00
- 18303 of 27111
It could be just an announcement regarding Biodegradable airbags.
kim
hewittalan6
- 01 Aug 2006 15:05
- 18304 of 27111
Dunno Tony, but I would have thought they would want to make as much capital as possible from any sort of deal. They do want to be everyones best friend.
Just been reading back to a post by Pinnacle in which he brimmed over with confidence that a big, and very good, surprise was not that far away.
Hope he is right.
Alan
kimoldfield
- 01 Aug 2006 15:09
- 18305 of 27111
I hope Pinnacle isn't a Biodegradeable airbag. I have no reason to doubt his word. I'm ready to celebrate by spending my last few pennies on a BigMac.
kim
Oilywag
- 01 Aug 2006 15:11
- 18306 of 27111
If he is an airbag, I hope he is biodegrable so that he disappears completely and very soon.
If he is not an airbag, then in this one instance, I am happy for him to be of petro plastic.
The oily one
Oilywag
- 01 Aug 2006 15:11
- 18307 of 27111
.
oblomov
- 01 Aug 2006 15:21
- 18308 of 27111
75 posts so far today. Is that a record?
Tonyrelaxes
- 01 Aug 2006 15:23
- 18309 of 27111
Dont know - but if so I just beat it, now 76 !
hewittalan6
- 01 Aug 2006 15:28
- 18310 of 27111
Bloody, sodding typical.
Expecting an RNS that could gain or lose me a mint (thinking of the book - not the SP) and suddenly I get a call to say my car is ready for collection following its annual service!!!!!1 AAAARRRGGGHHHH!
77
pinnacle
- 01 Aug 2006 15:30
- 18311 of 27111
I am still here!
No airbags in sight - not yet anyway,
So pleased that you all have my best interests at heart.
hewittalan6
- 01 Aug 2006 15:31
- 18312 of 27111
Go on - just a hint, Pinnacle. is it good or bad. You can tell me. I promise to keep it to myself if you post it on here.
Alan
79