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driver's research page link
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website link
http://www.stanelco.co.uk/index.htm

Alan/Kim - Don't forget that the French may not be out altogether.

They simply have less than a notifiable interest (3.00%).

As a CFD house, it may be better if they are all out.

Alfa.

I missed the bit about the french being out - where was that notified ???

The Company was also notified by a separate letter from Calyon Corporate and
Investment Bank dated 7 November 2006 that Credit Agricole Cheuvreux
International Limited no longer holds a notifiable interest in the issued share
capital of the Company

Missed that - thanks Alan

It is possible that rather than sell, they simply did not take up their offering and so have less than 3%, though I doubt that.
Alan

Alfa, some of the big sells today may be a further French retreat?
kim

calyon corperate must have made a nice profit?can't remember what they bought at though, does anyone think that if SP goes up say to 2p that the other big buyers will be selling to? if so then i would not like to guess where the SP would be certainly below 1p

I'm not sure that they sold they just might have had their holding diluted

Been out all day. Nice welcome home. Thanks.
Reading back, 2 things:-

MadPad 22154. "Remember we have British,American and German lawyers working on these contracts". I bet French lawyers are working on it too - and not from such a positive viewpoint as we might wish!!

Alan 22169. It is also possible they took up some of their Entitlement (but not all) and just fell below the 3%. If they took up full entitlement they would have now been holding about 3.2%. I have not looked at the overall % that did not take up to see how that matches - it is spoiling the tranquility in my head after a good day out!

where has everyone gone - just shocked about the turnaround maybe!

No news - nowt to say -just enjoying the ride while it lasts!!!
Alan

sellsell
We are not used to this - they are probably recovering from the shock !!!!
Dave

am probably wrong , but my little toe tells me we have at last turned the corner

Or round the bend.
Anyone got any clue or theory as to what has happened these last 2 days????
Alan

possible stake building, or the shorters are now going long.

I know which one I prefer until the price recovers!

Overcome with euphoria, shareholders have been stake building in preparation for the news that SEO may, with a bit of luck, release an RNS that may contain some news that could be construed as having details of a possible contract or two, or indeed, maybe three.
kim

This is now starting to look like a great recovery,but, this will also be a hard and bumpy ride for those of us who averaged down to whatever price from the heady days of 30p.
I see us eventually turning a profit on our investment/gamble/deal,whatever you may call it, but there will be alot of selling,dips and troughs,along the way,due to the very fact that those who fortunately bought in at these prices, will take profit along the way and Good luck to them. Great to see Intitutions coming on board,lets hope for contract news soon. good luck to all on here. Cheers.
PS. Tony you must be that relaxed,you let the other board members report on the egm,was that planned at the meeting or were you just resting and relaxing after the event!!!(no offence intended).

No euphoria here, but lots of optimism.
It is salutory to remember an SP needs to double to recover a 50% drop.

Agree with boldtrader-I have sat on my losses hoping this wasn't another disaster like pcm. Recovery looks promising so I've taken up my offer and bought more. Thanks for all the regular postings that kept me informed and holding on!

Another notifiable interest!!!