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

do you hold SEO tony?

Here it is:-

Dear Sir/Madam

I'm very pleased to see you are at last able to publish your plans for the long awaited fund-raising.

In deciding the merits of investing more money with your company, one question I have which I believe to be highly material is the intention of the Age of Reason trust. I know them to be a large (the single largest?) shareholder in SEO and I also understand that Mr Howard White one of your directors and/or his immediate family has a large beneficial interset in this trust. Surely this amounts to a director's interest and shareholders should know:-

a) Is the trust contemplating putting in more money under the Firm Placing, or the Placing?

b) is the trust intending to take up its rights under the Open Offer?

I am sure you are pretty busy on all fronts corporate at present, but I would sincerely appreciate your brief response to the above questions.

Many thanks.

Yours faithfully,

Jimward

Although not a rights issue where the rights are independently tradable, am I not right that if you sell your shares post-6th October, the rights under the Open Offer attach to the new holder and you can fill in a form to say so prior to 5 days before the EGM?

sd

sd
don't know! anybody ?

Your Broker can sell your rights in the open market.

I think the rights issue is going to flop, unless there is news of contracts with cash flow not to far behind.

Rights cannot always be traded in themselves. It depends on the detail of the issue.

After this placing SEO will have enough spare cash, to list in the USA!!!

Or pay for costly litigation.

jimward9 - 10 Oct 2006 12:22 - 21164 of 21177
I think its good of SEO to let private investors in on part of this offer.

LOL!!

jimward9 - 10 Oct 2006 13:33 - 21176 of 21177
After this placing SEO will have enough spare cash, to list in the USA!!!

LOL again. Do you think the rules in the US which are more stringent than on AIM would allow SEO to list?

The only certainity is that the funds raised will be well over what they stated to need..... why?

as you know i am not a shareholder in this company, what i feel is the very importent question that you should try and find out before you decide to invest more money is , the shares that have a FIRM COMMITMENT is there a get out clause i.e if the share price goes below 0.80 can they can withdraw,or regardless of the price they are commited to go ahead.

its not a rights issue

Proposed Firm Placing of 1,375,000,000 New Ordinary Shares and

Open Offer of 600,992,559 New Ordinary Shares at 0.8 pence per New Ordinary
Share, of which 148,278,000 New Ordinary Shares are being placed subject to
clawback to satisfy valid acceptances under the Open Offer

zscrooge
I would think SEO feel guilty that the share price dropped so much, so they gave holders the chance to average down and recover losses, which I belleve they will.

I do not know the rules for listing in the USA, I just stated it is possible, if they are building production in the states then why not.

Stockdog,

FWIW, the breakdown of major shareholders, according to my online broker.

Stanelco PLC
Major Shareholders

Shares in issue: 996.3m 0.1p Ords
Major Shareholders Amount % Holding
Age of Reason Foundation 217,078,122 23.12
Richards & Appleby Ltd 73,371,681 7.82
Barclayshare Nominees Ltd 60,892,255 6.49
Waterhouse Nominees Ltd 35,969,831 3.83
L R Nominees Ltd 31,507,514 3.36
FMR CORP and Fidelity Int Ltd 29,348,700 3.11

Other Directors Amount % Holding
Philip Albert Lovegrove 4,577,083 0.488
Ian H Balchin 1,640,000 0.175



= Director


As I pointed out the last time I posted this breakdown, it appears that the only major institutional holder is Fidelity. The nominee accounts strike me as being those of PI's, not institutional custody, indicating that there has been a low take-up of SEO stock by investment or pension funds.

WDIK, just conjecture.

jimward...seo will ONLY get shareholders sympathy if they can actually get some ORDERS in the book, cos if not the shareholders are well and truly f****d . Forget about the jam tomorrow as there will not be any bread left to put it on

Robinhood,
Not going to, all I said was "I wonder how many have sold, just to get sufficient cash to buy their alloted number of shares at .8p".
IE sell a certain number when sell price was .9p, use cash to buy alloted number at .8p. OK I appreciate the alloted number would be less, due to any sale (3 for 5 held at record date).

zscrooge.SEO are not listed on AIM,if you're going to throw your twopenneth in at least get your facts right before you start.

48,000,000 whats this?

A crossover trade just gone through for plus48m, which at .87p looks very much like someone has an order in for this amount.
It's a hell of an amount even at that price. Yes someone (bet its an institution) is confident.