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

Sellsell,

Probably being held back to show added to other buys. This i think is what happened earlier, for reasons often only known to the market.

You havin' a laugh, driver? (He's havin' a laugh!).

oblo
LOL! LOL! LOL!!!

Have a go at this great fun.
http://chir.ag/stuff/sand/

Not all buys show up here - I bought 1m last week in 2 tranches and they never showed at all. I think some brokers use another exchange.

Plusmarkets.

Plusmarkets.
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB0005814198

Just an odd thought from today, while out'n about.
Could the LOIs contain a condition of SEO securing certain funding levels to be able to see through their commitments under any JV agreement?

This would give reason to the present silence and lack of a closure to them. If this is so presemably the announcements of any MMFs can only be made after (or during!!) the EGM - ignoring any SPhere complications.

Or possibly be dependent on the FDA approval.

So I guess non of us know and SEO ain't telling.
Well I've paid my monies and made my choice.
Time to bury my head in the sand again and wait.
:-)

Tony - thats is also my take - but Alan has a valid point - so it could be dependent on both

Reading the prospectus (again) I'm going with plan A.
It clearly states the fundraising will be used to ensure the successfull completion of at least the first 2 manufacturing plants.
Not might be could be or may be, but will be. Given the tone of a prospectus that lays it on thick about the potential risks, this seems pretty clear to me.
If it will be, but the LOI and contracts are now not able to be talked about, that suggests the finance issue is the key. If it said the funds would hopefully or probably or possibly be used for it I would not be so certain. If the risk factors listed said they may not get contracts for the plants I would have questions.
So I'll stick with finance being the key.
Alan

It could also explain the Board following this funding despite the considerable dilution. In the case of AoR, 12% of an ultimately huge Market Cap is better than 23% of a tiny one.
But this takes me back to wanting to know AoR's intentions, not so much of the 'rights' offer but the 'institutional and other investors' (sorry, not exact terminology but I did'nt lug the prospectus away with me, Aerofart's Excess baggage rates are $15/k !)

Having been involved with LOIs in the automotive components industry I can tell you that they CAN mean virtually nothing. They are always stuffed full of conditions and normally end by saying they do not form part of any legal or binding commitment.

Another thought for the future, when you are paying by the Kilo for your non re-cyclable rubbish to be collected every 2 weeks. Consumers will not want bio degradable packaging, they will want only recyclable materials eg. plastics marked 1 or 2, or paper, card, foil etc. Bio degradable will go in landfill and consumers will be paying for it to be taken away. The supermarkets will come under a lot of pressure as soon as charging by weight is introduced by your wonderfull local gestapo (oops sorry I meant council).

Rpaco,or just throw it on thier compost heap.

I notice that the share price seems to be holding around the current price.

Now if you were an instition that had bought zillions of shares at 0.8p - wouldn't you be unloading them now so as to get an immediate 50% profit, OR is it just possible that they know they will get a 100% profit or greater by holding - because they have seen the proposed deals and potential of future contracts.

Just a thought

rpaco: this issue already discussed at length on this board. Fact is that it will be biodegradable, is competitively priced and is green (regardless what councils may charge -and they may well come under pressure in the future to make concessions on landfill charges if biodegradable waste is involved)

Asdas answer to the landfill issue - they have a company to compost waste

BH1910,

The institutions who have signed up to zillions of shares cannot trade them yet!

Maybe not officially - but surely if they really wanted to they would just borrow thaam and short it

Or are you saying that it would be a condition of the sale ??