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

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

Was that long or short, Pinnacle? lol!

Didn't know about the Directors falling on their swords until I read what Bosley wrote.

As a result this confirms more than ever my feelings that this company now have a very limited lifespan as the institutions will want a very quick return once the contracts are announced.

This should now not be too long as I suspect that the two Directors have hung on till things were finalised.

I would also like to wage that a buyer is also lined up!!

With regard to Oily - He can hold a position much longer than most I suspect!!!!!

Pinnacle - hope a buyer is lined up who can sell SEOs products! Lets face it, local councils have done the compost-bin thing to reduce the amounts of waste and given us the green wheelie bings for easily recycleables. Most of whats left is plastic and food containers fill the majority of my bin. Greenseal could see all these end up in the composter meaning I throw out far less waste. Sooner or later the government will bring about legislation to reduce the amounts of plastic and food containers have got to curently be one of the biggest culprits!

Explosive,

The buyer will be one of the worlds largest corps - no room for us to be on the register!!

This will be a Corporation who can and probably already is dealing with WalMart and co.

This is only what I would have done and have said previously.

My only concern is that the buy price is sensible and reflects the potential.

I believe that as the contracts are announced the price will rise and then to maintain the momentum the buy price will be announced.

I feel now that my prediction of June is too far away - this could be all over much sooner-and if the price is favourable then it can't come soon enough as the management at this compny have been dreadful and close to incompetent.

Kim

Schroder Investment Management Limited 14.1000%
UBS 4.0700%
British Coal Staff Superannuation 3.9800%
Mineworkers Pension Scheme 4.3000%
Age Of Reason Foundation 13.1900%
Credit Agricole Cheuvreux 5.9400%
Fidelity International Limited 7.74%

Thanks for that Driver. Am I right in thinking then that a takeover would depend on how the shareholders would vote as there is no majority holder at present?
kim

Over 50% is now in the hands of 7 funds. This must make the share start to become illiquid, and therefore any sp movement exaggerated. A deal would force a very rapid and vertical rise.
Hope so, anyway.

Like the sound of that Alan. How long will this straight line be??????? ;-)

One of those funds though, is Age of Reason; I wonder what might be going on in there?!
kim

Could say that about all the pension funds Kim.

Hold on a second lads !

As this is one of the more civilised B.B's allow me to correct some of the above.
If you re-read the recent RNS's

Schroders do indeed hold 14.1 % but that includes both British Coal Staff and the Mineworkers Pension Scheme holdings.
Also The Age of reasons 13.19% was prior to the new shares being issued, so has now been diluted, although they did say that they were going to take up all or part of their entitlement.

The word pension seems to have a hollow ring about it these days!
kim

in MO PIs are going to get st----d , (again)

One2Watch, I was being lazy, letting someone else do the work, so thanks for the addendum, it confirms what I thought - that the ordinary shareholders have the final say in a takeover.......for now.
kim

Did he just call us civilised????
I'm going to get my solicitor on him for such outrageous defamation..............

Re: drivers post
As One2Watch pointed out, Schroders 14.1% includes The Coal and Miners are wirthin that.

Turning to AgeofReason, it doesn't look like they took up their Open Offer entitlement as there has been no RNS stating holding changed from the 13.19% they were left with before the dilution - that is only 4.4% after dilution. so they must still have between 3% and 4%. They sold 85m shares to take up the Offer but that should have been reported by now. It wasn't - so they didn't ? Or is a Trust in Israel (if it is) exempt FSA regulations?

HW must be nursing his wounds right now. From 23% of a Company with a Market Cap such that the holding was worth approx 60million to now, shares worth a little over 2m plus 1million-ish cash.
And no job, not that the money was good (15,000pa) but the expenses probably were.

If HW is completely out then I hope he is not going to be a non biodegradable fly in the ointment.
kim

MW said after the EGM that he had a permenant Sales Director lined up who "would hopefully be starting next week". RNS tomorrow?

This reminds me of an old (late) Chalk Farm drinking mate's TV series of years ago called 'The Power Game'.

Was that the series with Patrick Wymark in Tony?

That was him. We used to drink in The Richard Steele, Haverstock Hill along with Ronnie Frazer, Tony Booth and a lot of other drunks. Being a bit younger (and poorer) I was not so hard on the booze as some! But great times. Pub is much the same - took a son there recently, only celeb we saw was a Dr Who although I am told one of the Oasis Galagher brothers and Chris Evans have picked up the baton in recent years.