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

I've gone all the way down with this one,thinking "it has to be a good price at some stage" so that I can recoup my losses.Contracts of a considerable size from these letters of intent cannot come soon enough for me!!

Al
I always feel lucky but thats easy to say with no cash to put in, am I right in saying they have more cash in the bank than when the sp was at 4p over a year ago and a lot more going on I invested then why would I not now.

Its a fair point, Driver.
Many of us got in when the company had nothing up its sleeve at all, and were happy at that.
I think that we all got over excited, goaded on by the RNS we saw. But you are right. The value looks good, but I would still not be putting any more in, or getting in for the first time with the picture this unclear.
alan

Anyone know when the next payment is due for Biotec?

The timeing of this rns is bizarre.
It's contents (as in shortage of cash) has been known pretty much since the last set of results.
Why release it at this precise moment? and drive the sp down further? why kick yourself when your down?
I've got a hunch.............

Al
4m buys disagree with you punters are not dumping they are buying, thats why I dumped mdy and glad that I did but dont blame me if I am wrong its only my opinion.

Where is every one?

Go on, Tweenie.
Share your hunch. I wont tell anyone.

1.5m buy at 4.10 some one agrees with me.

Anyone know when the next payment is due for Biotec?

Quick question - at what price might the company have to pitch a placing to get people interested?

My view is that it would have to be well below 4p after today's skid, leaving opportunity for more downside as those in possession of the placing shares distort the market by taking quick profits.

IMO the current SP isn't cheap if it's likely to get cheaper. My view is they'll ask no higher than 3.5p in the placing.

can someone please explain what this bit means,

"The Company is in advanced negotiations with a number of potential joint venture
partners in the USA to compound biodegradable resin."

is this the next hope and hype cash raiser after greenseal and starpol?

Bos,
I read it as another way of describing the Micro manufacturing units they mentioned some time ago. Could be very wrong.
Alan

Correctly read, Alan
to the best of my knowledge. But, as ever, WTFDIK

would not be too worried of a placing of 10,000,000 shares as this amounts to a mere 400,000 . Just like to know what "on the cusp" means in SEO lingo

Its an anagram of "spun the Co."

"on the cusp" in SEO lingo should mean tottering on the edge of the great abyss, though no doubt the pronouncement actually comes with Micawberish sentiments.

I read it the same way as Tony and Alan.

Does anyone know when the next payment for Biotec is due? Any placement would presumably have to fund that. In which case the pacement would need to be larger than before.

WM would have been aware of the financial situation all along. The current situation has come into being essentially because of the ASDA exclusivity.

Puts WM in a good bargaining position, possibly. A deal would keep SEO afloat.

Stanelco said it is in advanced talks with a number of potential joint US partners to make biodegradable resin.

"This is to meet the demands currently expressed to Stanelco by major multiple retailers and global fast food chains,"

Fast food chain's ! more than one, that's new.

Robinhood, why would they raise 400K when their cash burn is 300K a month (which looks very conservative to me considering the amount of cash they got through in recent times)? They won't come to the market for less than 3 mil, IMO.

Alan. I expect the sp will be back to 5p by end of trading.
I expect news re our collective hunch within 2 weeks.
i also expect FI's to have dipped their toes in by then.
It was niave of me to suppose that SEO would play a level field with pi's.
we are but small fry.
I would tell you what my 'hunch' is , but I think from the above you can figure it out.
SNAFU.
Still happy to hold this share. also happy to slap any member of SEO's board who crosses my path.