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

Erm, Tony...........we had the RNS at 8:01.
Alan

Tony RNS at 8.01,today.

OOps - just assumed as no comment here it had not happened. Sorry all.
You see I look here at your wise words before going anywhere !! ;-)

for the price to be holding as it is someone(s) must be buying - maybe the pension funds are averaging down !

I don't for one moment expect any news for some time, but the trading pattern today reminds me more than a little of the one we saw on the Monaday the offer was announced.
A heavy fall, for no apparent reason, followed by a steady climb back to the starting price, followed by news.
Alan

These plants they raised money to build in the USA, are SEO building them alone or are SPhere or Biotec putting the same money in the pot on this project, or some unamed US party putting up some cash. Anyone know?


(re-Relationship with Sphere and US manufacturing - IB said SEO & Sphere have same objectives as joint owners of Biotec . Plan to keep IP of Biotec in Biotec and manufacture in USA. Want to protect IP of Biotec via patents etc but lots of know-how in processes difficult to cover. Risk factor in prospectus was necessary as regulatory requirement. PL said Objective is that SEO & Sphere work in harmony for the benefit of both parties. Joint owners have joint interest to expand via Biotec in Germany & Europe with scope for license fees/royalties depending on agreements.)

Interesting morning so far, more trades for Stanelco than Vodafone, thats got to be a first ?

Dave

Just hope we are going to get some real positive news from the SEO camp shortly as otherwise the sp will drift lower and lower whilst triggering various stop losses in the process

jimward - I'm sceptical about the true status of the Biotec IP. Sounds like smokescreen to me. Of course SEO and SPhere have the "same objectives" - but I bet they have not yet agreed how to achieve them, otherwise they'd be more explicit. So there will be more wrangling to resolve how the IP is to be protected and kept secret whilst using it to manufacture Starpol in US. Someone in US will have to know the recipe, presumably - or does Biotec's head chef fly over once a week and sprinkle the magic ingredient into the steaming vats under cover of darkness? Vintage SEO - I love genre movies!

I wonder if SEO will have their micro plants ready for production at the same time as approval is (or may be) given in the US for Starpol 3000?
kim

Anyone see today's Times market report - SEO likely to drop out of FTSE AllShare Index due too liquidity of share - a stock must have minimum market cap of 90m and 0.5% of its shares must be traded in each of any of the previous 10 out of 12 months. And SEO used to be most traded stock for a while.

This will remove it from tracker funds, so look out for steady selling for a while I guess.

Perhaps some overfunded private equity hedge fund will spot this shining nugget in the dirt and solve all our woes. Losing heart, but not worth selling - doomed to months of boredom and endless posts on the BBs.

DYOR
sd

sd removing from index is not due till december by which time sp may have rallied enough to keep it where it was (will only happen however if we for a change get some good news before that though)

If it does drop out of the FTSE AS Index it will be a pain in the arse for many who hold the shares in ISAs and PEPs etc.

Fred
I think you are referring to a move down to AIM. This is not likely to happen.
If it drops out of an Index it is still listed on LSE main market.

would be more than a pain in the arse for me if it moves to AIM, would be an absolute disaster!

Tony and Gar, apologies I am always thinking disaster is around the corner.

Fred1,

Its quite possible with SEO!

With the first full trading day with the new shares on the market, and the total volume of 188,547,445 showing a net of -171,037,185 I am reasonably happy with just a 0.02p drop in the sp. With this very small drop, I suspect that there are either many orders not showing or not filled.
There will be much wheeling and dealing behind the scenes re the sp for the next few weeks. As usual us poor punters will struggle to see any trend coming.
This is obviously discounting any further relevant news.

Fred1 - round the corner, you're joking - it's coming right at you! lol!

Greekman - beg to differ - how can you discount future news, or do you mean ignoring future news, or am I being silly about semantics?

Nominee account credited with rights issue shares today, averages me down to 9.3p,

stop laughing!!!

Looks very grim.....