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

Thanks driver, much all donations appreciated.

IN (4m+) and taking up!

in just bought another 500k

IN !!!, darkest hour etc !!

might be in , might not be. might be close to a good time to dump and take up your 0.8p shares instead.

BOS
Can you do that?

Bin finking.
Shares traded today are worthless for the purposes of buying the open offer.. Shares on the book on 1st November, will suddenly represent only 34% of the value they did on the 31st October.
That means that anyone buying in today is paying (eg) 1p for a share that they wouldn't touch a fortnight ago at 0.9p, in the full knowledge that without SP movements it will be worth 0.34p in 3 weeks time, or that the SP has to rise, in effect, by 66% to break even.
Either my maths is stranger than a very strange thing, or I don't understand a word of what I am saying, or people are suddenly very confident.
On reflection I probably haven't got a clue.
Alan

Al
I think you have a point it looks like the traders have moved in big time that means at some point they are going to dump a lot of stock unless we see an increasing sp.

Are you Feeling lucky?!!! In since 2001 and staying in,I would say you're quite a big player Tony, I'm small by comparison but will still be quite well off if SEO ever did hit a Quid!! Good luck to all, cheers.

Reckon the forthcoming dilution has already been factored in hence the drop over the past few weeks to current lvls

in

The dilution has been factored in, that is obvious. How can it not have been when everyone knows about the placing, offer.

garyble, instead of holding all your shares, why not sell the same number as your entitlement then buy them back at 0.8p? you'll still have a million and a bit of cash.

I'm definitely IN.
This will be HUGE one day!

in

Alan

Although your share "will suddenly represent only 34% of the value they did on the 31st October" you are overlooking that the Company will be 15million more valuable in terms of cash.

Did you get my response to your maths question on Sunday? I am having trouble with my Email provider.

I'm in, and have topped up on the back of what was said in the prospectus.

I believe that Sphere said no to Stanelco about licencing the Starpol IP to third parties because those third parties have to be given the resin composition secret in order for them to make the resin. Once someone knows the secret then the secret is likely to go out to the whole world. Any transgressor would face litigation which would be expensive and time consuming, but at the end of the day the secret is still out, and the commercial advantage is lost. Sphere probably have a lot more experience of the difficulting in keeping hold of IPRs than Stanelco, and made sure that Stanelco didn't make any mistakes regarding IPRs by their announcement. Also, in the long run I think it will be more financially beneficial for Biotec, or Stanelco with permission, to produce Starpol rather than to licence others to make it.

Also, if you look in the prospectus Stanelco have issued a promissory note for 5.317 million. If you then look at page 202 you will see that Biotec owe Sphere the same amount i.e Stanelco owe Biotec, who in turn owe Sphere. Moreover, under the use of net proceeds it states that approximately 5.6 million will be used to "ensure completion by either Biotec or Stanelco of at least two manufacturing facilities in the USA for the production of resin including Starpol material." When I complete something it usually means that I have started something!!

Moreover, I feel that Alan's last post should also go onto the research page. Nice one Alan.

Kind regards
Raymond

garyble - just emailed you

SD,

Message received and reply sent.

Alan & Raymond,

Thanks for the interesting posts.
So Raymond i have concluded (perhaps in my slow way) that in topping up now and taking the 34% dilution hit you feel its not worth waiting until post dilution.

No matter what happens to SEO you have to hand it to them for keeping you thinking all the time