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

The RNS does not say "Ian and Howard have left the building", maybe they will be used in some other guise!
kim

I agree with Greekman.

It has always been in my mind that a deal was done behind the scenes for the money.

My scenario fits - They have been offered a fait accompli.

I will be astonished if this company is independent by June 2007 after announcing contracts.

The institutions may equally have "place men" they want on the board, who are capable of getting things going properly. This is not unusual and would signify what the institutions want. Operationally good placements would signify the company has a future to look forward to. Accountant types would signify a for sale sign.
Any way you look at it, this appears to be a good news RNS.
Alan

Does anyone know how many shares are held by institutions? There are 2977.65m issued.
kim

Kim
According to latest RNSs-
Schroder 14.1%
Fidelity 7.74%
UBS 3.97%

.

Thanks Tony
kim

Does anyone know what the Salary of the outgoing Executive Vice Chairman is, as I'm thinking of applying for the vacant post.
'Now what does a Executive Vice Chairman do'???.

Pat: ensures that the share price of a company goes down from 30p to 0.81p in the shortest possible time; you may be overqualified!
kim

Oi, you PATISEAR! We've only just got rid of one person who did not know what they ought to be doing and we don't want a replacement equally as useless!!!

lol

The oily one

The Executive Vice Chairman is responsible for satisfying the vices of all board members. I refer you to post 22361 and suggest I am the most qualified for that.
alan

When I am hired, the door will be open for all you guys to come up and play cards, dice, drink lots and lots of liquor, and generally have a good time.
'VOTE PATISEAR'

How boring are steel vices?

I mean they may be fascinating if you are an engineer or an old black country metal basher, but ....... to normal folk ?

Unless of course, Alan you are talking of vice as in 'Miami Vice'?

Now that's more interesting.

The oily one

Ah, you missed drugs and mucky wimmin, which were top of my manifesto.

O yeah, one of you will have to write an RNS for me.

Careful Alan, you'll be having a domestic when you get home!

Right. I'm off to do strange things with my flexible friends.

Eat your heart out Hewitt!

The oily one

Better watch this Oilywag with his steel vices and bendy friends!!!!!!!!

I have heard Oily can hold a certain position for ages!!!!!

At least my XAAR are up 40% today just about covers the loss on this one .Pesonally I feel the shake up on the board is excellent news let's hope the market agrees tomorrow .

i have to say i feel a certain sadness seeing that rns about ian and howie going. i think it's worthwhile remembering that it was primarily these two who saw the direction seo should be taking and then took the company in that direction. thanks to these two seo now have the ip, through the aquisition of aquasol and biotec, to be in the right place at the right time. unfortunately, thanks to these two, seo couldn't deliver a letter next door !!! sold out for now but will be watching to see if this current board can do any better.

This only proves the technology is sound and I believe will come to market,Institutions do not buy without knowledge that Private punters will ever be privy to.A take over is looking well on the cards,as many here state this afternoon,at what price?I trust enough to clear a nice profit then I'am finally on my way,this has been a long and exciting ride!!!Good luck to all holders. cheers.