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

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.

somebody don't want them , somebody does

X Agency Cross or Riskless Principal at Same Price

Who is Age of Reason foundation? If they hold 23% surely this goes against the very escence of their name.

I'm waiting to buy back in at 0.5p! (there is so much rubbish spouted on here that I though I would join in)

robinhood
Would you try to get cash to build 2 production units if you were not 100% sure of an order. 1 maybe not 2

Each unit can produce 20000tons of starpol per year, quite a big order.
I think will be signed (as soon as starpol 3000 is passed.)

advise please my shares are held by halifax will i get avoting form and all the other paperwork or will halifax p l c get them manythanks jim

how long before SEO start to make money from the 2 m/cs in USA if they aren't built yet? is this why they are asking for more dosh than they need right now

12345 ,Abbey hold my shares and they said they would be writing to me

my spread bet has just increased by 3 fifths...but they have closed my old positions...wierd or what

123456 - Halifax are usually quite quick. You would be notified by e-mail to tell you that there was a 'Corporate Action' awaiting instructions from you in your area of their website. This would simply be along the lines of "Do you wish to buy the shares - Yes or No". Any paperwork (doubt that there is any) would be sent in due course.

AUT and STAR VERY HELPFULL MANY THANKS JIM

If you want to talk about weird trading, what the hell are those 2 5million trades that just went through as late reported???

The Age of Reason is a trust fund for H. White's son. Would they have ~105k lying around to take up the offer?

garyble - I make 217,078,122 X 3/5 X 0.8p = 1,041,975, a bit more than you. Indeed, do they have it lying around, since Dad isn't being paid at his day job at last count

aldwick - well done, it's NOT a rights issue, they cannot be traded on the open market. good to see your deramping was based on such well-informed knowledge of the company. lol! Question is whether the Open Offer attaches to shares you sell post 6th October for the new holder to take advantage of - would need a special form confirming the sale I guess, but how would they know who had bought them? Have also asked this in my amended email.

sd

soul traders - thanks very useful info which I shall save.

Looks like that earlier X trade has now gone through as a buy on MAM, shows as a sell on another thread..

I understand most trade types fairly well but will openly admit (and done lots of research) that a X trade has me baffled, but I will put my pennyworth in.
Leaving myself wide open here but willing to learn, so anyone who can explain in simple terms please do so.
As I understand it a X trade is to put in simple terms one agent holder entering an agreement at no risk with another, IE you transfer shares to me at a set price and I agree to transfer them back at same price at a certain date, so no risk (sort of loaning the shares) or if passed to a third party (sold) a commision type price is paid to the initial holder.

I suspect that the large X trade was an institutional investor transferring the stock from one investment fund to another.

Thanks Haystack,

That is one way I understand it, it's just that I think there are other explanations so (all) keep em coming, we might all learn something.
Back Wed,am.

I thought an X trade was where the MM took the share form one party and passed them through to another who had already agreed to take them - so no risk that the MM would be stuck with the stock, So they can do it for a v. tight spread. Not 100% gospel on this though.

This would fit with Haystack's suggestion among others.

boldtrader - yes of course -but it does feel like an AIM share ;-) And I'm glad I've still got two penneth to throw in - it's enough to turn one into Haystack, II or blinger.....ok, maybe not.