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

Greekman,

Th 85,000,000 is shown on MAM and ADVFN at 1.0p (850k). The RNS states the nominal value of 0.1p (85k).....

I think the price will actually go up a tad (OK opinion only, already digging my bunker). The dilution, has in my opinion already been mainly priced in, but so to some extent has the financing. As soon as the offer was recorded all knew what the dilution would be if fully taken up, but it was not so certain if it would all go through smoothly. Those who expect that the diluted average re total holdings value will even out pro rata to the pre dilution price per share ,should think 'Have you already priced the value in for your own holdings, if so others will have also'.

The EGM will be the make or break of this share, and not to put a too strong slant on it the company. The substance will say it all.

Why would anyone buy seo via a WT at 1.2p when for most of the day u could buy them cheaper than that. 2.5m WT and a 1m O trade at the end ??

Greekman

Earlier today I admitted I misread todays RNS thinking the Nominal price of 1p was the selling price, but now looking back I see sellsell 's post 21875 on friday afternoon said "85m trades gone through at 1p ".
Stockdog above in 21913 used calculations saying "85,000,000 sold at approx 1.226".

Not having been around on friday, nor access to details of individual trades I am no clearer as to whether AoR need other cash toenable them to take up their full entitlements or have enough to pay as required by this Thursday morning's deadline

greekman - garyble is correct. The sale of 85M on 27th October was made at 1.0p per share as shown below:

#------Trade Code----Price (p)--------Size----------Type----Bid-----Offer----Trade Time
85---004ZLA2H06-----1.0--------85000000--------O-----1.11----1.15-----15:17:59

Thus, AoR have raised 850,000 with that sale.

Alfa.

Tony,

Yes I see what you mean, could be right. Now confused slightly.

Gary, Alfalfa,

Yes sorry just noticed that although I have never known a nominal share price on any float at .1p, me thinks as usual SEO have got it wrong and it should have said 1p. Anyone know different I will stand corrected.

Assuming the EGM passes uneventfully (ie. excluding contract announcements) I expect the refinance package will go through. That should result in a slight SP rise as an(other) uncertainty is removed.

Tuesday - probably a slight dip as the new shares become available for trading.

But if I know so much what the F*** am I doing here...

Cheers Alan. Am looking to buy up more SEO shares(sensible or not??) at around current price but want to hold fire t'ill after the EGM, how soon will the likes of myself ~(who can't get down to London for EGM) know if the company is on a secure financial footing? i suppose there will be news posted by the regulatory body immediatly after the meeting.
Dave

Talk Tony into taking his laptop!!
Alan

Alchemy - leave me your phone number and will phone you

ALCHEMY AKA CLEM CHAMBERS..infiltrators about

The nominal vale has nothing to with the actual price or traded price. They are just known as shares of a nominal value of 0.1p. Hence the use of the word 'nominal' - name. If you set up a company of your own for instance you may issue 100 shares of 1p each or 1. It makes little difference for a small company. The nominal value is usually the denominations that were issued when the company was set up. It has no bearing on traded values.

There is a rule I believe that new shares issues cannot be sold at a price less than the nominal value (not a problem in this case as 1p is more than 0.1p). The share issue will mention the nominal value of the shares as that is part of their name. They are issued at whatever price is agreed though as a market price.

Thanks barry, will mail you no.
Whose Clem Chambers?

Alchemy
Based on the last fundraising EGM (OH, how much younger and hopeful we all were then!) they issued an RNS during the meeting (an hour earlier than this one) repeating a Statement that was presented to us in written form on arrival.
A further RNS was issued in the afternoon confirming the passing of motions.

If you want a phone call or SMS the moment the meeting ends let me know on tonyrelaxes@hotmail.com

Alchemy - ignore him. The village idiot. Harmless none the less.

Thanks Tony, probably best an sms, as am at work-in meetings etc. (work is terrible for getting in way of fun on the stock market!) what time does EGM commence?

If, as I now believe, AoR sold at 1p, then perhaps they are not taking up their full entitlement. I somehow doubt that this particular trust has any spare fudsn and was probably set up to hold HW's entire interest in SEO for benefit of others. He obviously does not need them himself, because I think I am right in saying that he does not take a salary.

sd

no he,s hoping to get his hands on most of the profit if any????

Ah. Famous at last!
Post number 22,000.

Congratulations Tony.I've just arrived in Cork 2.5 degrees and no woman to warm my bed!Back tomorrow see you all(what only 3 so far)at the EGM.