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

Hi Tipton - I am sure many would agree with you - but personally I dont as I would have missed this announcement. I use this board as my primary source and prefer to see the full text - perhaps I am lazy or just cant be bothered. But this morning - when there were 2 announcements I had only picked up the first and would have missed the second if wilbs had not posted. I accept that a siummary is nice and PaulMasterton is good at that - but I still like to see the full text for myself
regards
Baza

Putting the release on was very useful on a day like today when the news icon comes up by SEO on Moneyam with the first news release but there's no way of knowing that there's been a second later in the day.

wilbs - nice one. Specially like the last sentence from Ian Balchin - as soon as the (we assume) successful 3rd ASDA trial is completed, they start the US roll-out. This gives a well structured sense of purpose and time-scale.

Howard White clearly has an excellent track record in keeping comanies solvent whilst (re)building a business - very useful for such a crucial growth period for SEO (many rapidly expanding businesses fail by trying to grow to fast beyond their cashflow means).

SP holding well at 23+p bid in spite of consistent selling amongst which I detect someone playing the odds on being able to buy in again cheaper after 13th June (is that you Seq.?) - not sure the likelihood of significant fall is any where near high enough to risk being out of the market in this company whose first class management are on a total roll currently.

Very happy to have added on the dip yesterday.

sd

A lot of the sells at 23.05 are in fact buys - cos mine was one of them

Baza

offer price is 22.90 at the moment

On reflection it properly is a good idea to put the whole thing up because I would have missed it as well.

Research Page updated 8/06/2005

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042

going back to the original aquisition rns it say,

"Of the total consideration, US$1.23 million has already been paid in cash to EKI
as a non-refundable deposit. A further US$11.27 million is due to be paid on
completion of the acquisition which will be satisfied in cash. A further
US$6.25 million in cash is due to be paid in 12 months and a final payment of
US$6.25 million in cash is due 12 months thereafter. The deferred elements are
not subject to performance criteria. Stanelco is currently considering a number
of options for funding the acquisition, which may include the entering into
arrangements for debt facilities and/or a placing of ordinary shares for cash."


how much is 9 million in $?

Regarding the trials 2 and 3.
2 Hitchens i believe,any sign of there produce on the shelves?
3 Does anyone know who it might?
cyril

Roughly $16.5 million

tipton- agree entirely, the re-posting is a real pain, we can all read.

Did ASDA stop their suppliers ordering Greenseal, because Starpol 2000 was imminent ????

Will there be a flood of orders for Greenseal plus Starpol 2000 from ASDA suppliers, once Biotec is part of Stanelco PLC ????

IMVHO the answer to both questions is yes.

Cheers,

PM

Are we being held back by large 'T' buys ????

Could be the reason for strange prices, and no tick up yet. Lets hope they clear soon !

Cheers,
PM

Sharecast say the placing is done.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=491558

Stanelco raises 9m to fund Biotech deal
Wed 08 Jun 2005



LONDON (SHARECAST) - Stanelco has raised 9.3m through a placing to help fund the acquisition of Biotech Holdings it announced on Monday.

KBC Peel Hunt placed 44m shares at 21.15p per share, amounting to 9m net after expenses. Ian Balchin, chief executive said, " It is great that we have had such strong institutional support for this acquisition and the company's strategy."

Stanelco is paying EKI $25m for Biotech, payable over the next two years. Biotech is one of the world's leading exponents of starch technology and has a considerable intellectual property portfolio.

Separately, the company announced that Howard White is to become group managing director

Cheers,

PM

NO WE DON'T WANT 20P MYSELF...

the placing is complete, i was offered 500k yesterday and my broker rang me 8am and said placing was successful

I would just like to clear up a point made the other day (not by me) that Earthshell supplied McDonalds this was a mistake and totally unintentional and not made to misinform this B/Board.

The information appears to be wrong, as McDonalds have never been a paying customer of Earthshell. They were involved in trialling Earthshells products, but the process never went into production as per their SEC filings of their Annual reports for 2002 and 2003.
The trialing finished in 2002, and any products used by McDonalds were for research, and not actually sold to McDonalds, as can be proven in Earthshells financials where no revenues have been earned.

http://moneyam.uk-wire.com/cgi-bin/articles/200506080750392842N.html

OK!!!!!!!!!!!

Bos
A handy link for you or any one, use the XE.com Quick Currency Converter at the bottom and put in any amount.

http://www.xe.com/

seq
Do it properly we are professional on here.

http://moneyam.uk-wire.com/cgi-bin/articles/200506080750392842N.html

so seo have raised $16.5m from the placing of which $12.5m is pretty much already spent. that leaves $4m for working capitol. is that enough to get things going in usa and cover everything else?