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

Cheers boldtrader

The Times October 28, 2006

Rumour of the day

Stanelco, the developer of biodegradeable materials, fell 0.3p to 1.19p as Kaupthing placed 85 million shares, or an 8.5 per cent stake, at 1p. That trade stoked talk that Sphere, Stanelcos French partner, may be building a stake ahead of the November 6 vote on a 14.4 million refinancing. However, the truth is said to be that Howard White, director, has sold stock to fund the take-up of his rights.

http://www.timesonline.co.uk/article/0,,748-2425692.html

Assuming it was AoR selling 85m to purchase its shares - then potentially there is another 45m of shares about to hit the market (as the balance of its holding)

Current holding is :
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
Caylon Corp & Inv Bank 59,500,724 5.97
Waterhouse Nominees Ltd 35,969,831 3.83
L R Nominees Ltd 31,507,514 3.36
Mineworkers Pens Scheme & British Coal Staff Superan'tn Sche 31,489,216 3.16
FMR CORP and Fidelity Int Ltd 29,348,700 3.11

217m/5*3 =130m

At the risk of being pedantic, The Times' (sloppy) rumour is exactly the reason why rumours start.

If Stanelco had fallen by 0.3p to 1.19p, that would represent a 22% fall in the mid-price.

It actually fell by 0.03p.

It's a good job the writer doesn't work in my line or they would kill someone !

That aside, even this "fall" is spurious in view of the fact that the market opened at 1.1p and the first hour of trading was carried out at a mid-price of 1.18p.

The end-of-day price could thus be viewed as a rise !

Alfa.

On closer inspection - I see that there was indeed 130m of sells with 85m @ 15.17 and 45m @ 15.26 - so it would appear that AoR have indeed already sold their 130m so as to purchase their allocation.
IMHO

BH1910,

AoR's entitlement is for 130m shares at 0.8p, they don't have to sell 130m to get 130m only the cash equivalent!

garyble - yes you are absolutely right - think I will go back to bed and start again . Does not seem to be a good day for me to make financial decions !!!!

SEO remains a speculative buy on HL's Penny Share Prophet.

sPHERE building a stake...massive rise forecast monday...get in quick or regret

Think I will pass

Bhunt 1910, if Aof R sell 130m and then take up their allocation of 130m maybe they don't have to notify the market as there holding remains the same?

Outside of this speculation of fridays deals (which I do not understand your drift) AoR could well have been one of the favoured '"Institutions and other investors'" that paid 11 million (or more) to T&G well in advance of the RNS announcing the fundraising.

If AoR are short of funds or borrowing powers, I can possibly understand them looking to make a gain (0.08p to 1.?p already) but they have had a totally static holders for some years so would not seem interested in short term trading/gains. I do see the prblem iof taking up their entitlements if they have no cash. And a quick buck is always appealing.

However HW/AoR would know exactly what the Institutions knew - probably more, hopefully a lot more, which might preclude them geting involved in the first place.

Home tmorrow pm., to my papers and calculator, when I hope to pick up on things a little better.

November 1st approaches which I think, for other reasons, could prove very interesting.

!

Morning all - I wonder what is in store for us today (apart from great wads of money being taken from our accounts to pay for the new shares!!)

Morning Baza.
At least it keeps life interesting, otherwise we would be left with boring stuff, like making money.
Alan

Still hoping for massive OT's and LT's to prove a point re the massive neg volume on Fri and the small dip in the sp. If they don't occur I will be at a loss to understand Fridays sp movement.

have you seen BPRG announcement today - looking good for them - we could do with a bit of the same over here.

Looks like they are through the worst and are starting to deliver their potential.

sorry o/t

All this high profile green news should start to percolate its way through to companies like SEO - just a matter of time methinks

Just noticed that all my new seo shares have been credited to my account. Cant deal yet - but they are there.

Mine haven't :-(((
alan

They haven't taken the money yet - expect that will happen tonighta

Forgive my niaivity - but am watching level 2 - and311 shares keeps appearing on the bid - at just below the current price @ 1.16. It is up for 10 seconds - then drops off for 20 seconds - then comes back again.

This has happened about 10 times this morning.

Is this a signal

Am I imagininh things

Am I going mad.

Can any one throw any light on this - thanks