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

Oblomov,

As you say a very interesting piece on PM1' site re LOIs.
Well worth a read.

Anyone able to post it here. i am not a member.
Thanks,
Alan

i've just been told that big boys are now piling in... 1p was the target.. buy!buy!buy!

there she blows!!

Fundraising @ 0.8p

Maestro is a legend!! LOL

not what i've heard...multi million pounds deals imminent

well , i'm in profit????
anyone still shorting seo?
1p party time.
I'm laughing or else i'd cry.

I think a lot of new punters/gamblers will pile into this share with money on high risk.
OK it could still go belly up, but the potential reward getting in now is huge.
This is not a ramp just fact, IE for those who gamble high risk shares this one must be worth a punt.
I am not putting any more cash in as yet, as I do not wish to risk any more cash at this level.

Stanelco PLC
05 October 2006


Stanelco plc (the 'Company')


5 October 2006


Financing update


Further to recent trading updates on 17 August 2006 and 8 September 2006, the
Board of Stanelco plc wishes to confirm that the Company is in the final stages
of completing a fundraising at 0.8 pence per ordinary share.


A further announcement will be made in due course.


- Ends -


For further information please contact:


Stanelco PLC

Martin Wagner, Chief Executive

Tel: +44 (0)2380 867100


This information is provided by RNS
The company news service from the London Stock Exchange

.

close your shorts --- open the longs ?

at least they are not going bust...priced to..should recover to 3p now

so there you have it.
are we F@@ked?
not quite yet.
Have we been F@@KED?
oh yes well and truly.

I have bought more. The funders must have been told with some degree of certainty that the LOI's will be converted to actual contracts. Accept that this is still a risky stock with current mgt in place but it seems worth a punt from here.

anybody doing fag packet calculations on dilution effect?

Rule nr 1. do not buy in order to average down!!!!!!!!! (but I admit it is bloody tempting......)

Well done to all those who had the guts to buy this morning, bhunt, alan etc.
long way to go yet though.

doubled my holding at sub 1p.
took a very calculated gamble on shorters vbeing forced to close their positions.
seems to have paid off.
SEO board has a lot to answer for.
I believe their lack of thought/clarity of RNS's from when they first announced a possible cash drive has allowed this situation to occur.
It has resulted in long term holders/PI's bailing out in panic and allowed shorters and other interested parties to buy a LONG TERM winning share at rock bottom prices.

well my buy at .91 looks quite astute - or just plain lucky !!!

Wouldn't 3p be nice ??