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

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.....

Nah - u should be ok then when they do a 10: 1 consolidation then - cos each share will be worth about 10p !!!!!!!! ;o)

Can we expect an RNS(s) tomorrow telling us who has bought large quantities(3%+) in the placing? That would be the 48 hour rule would'nt it? That for me will speak volumes.

Stockdog,
I could have been a bit clearer (I always make sense to myself).
When I said,"This is obviously discounting any further relevant news", I meant that my comments stand until there is future news. Obviously I am not discounting such news as something hugely material to the sp is bound to happen sometime, good or bad.
I was mainly referring to "will struggle to see any trend coming", without something solid to go on.

I knew what you meant !

Cheers Bhunt,

Thats 2 of us.
With OT trades in already at sell 32 mill, could be a testing day

I knew too, g-man - just checking if you did. lol!

greekman - What do you mean by OT trades ? Thanks.

Alfa.

Hi, Alfalfa,

OT=over night trades.

yep - we are going to drift until we get news of orders - and then there should be a marked improvement in price.

Dont expect the orders to come through for 3 - 4 weeks though as they stopped negotiations in October until they had raised the capital. You can bet those negotiations are already back on the table and due process is being followed.

Bas,personally I will be happy if we get one signed contract for a MMP by Christmas and don't expect any more but if the 2nd came through as well that would be a bonus.Remember we have British,American and German lawyers working on these contracts ,on 2nd thoughts...........did I say which Christmas?!!Here's hoping.