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

oilywag - it's platypodes - I've waited since O'level Greek to use that an' all!

Do we expect another notifiable interest RNS in a day or two??
Todays was about a position last Friday, but there was a WT for 15million shares at the bell today, and that one trade represents 1.5% of the issued shares.
Looks to me like another institution building a holding or an existing one increasing theirs.
Alan

Good news about the mineworkers upping their stake. If there's one thing SEO and some of the longer term shareholders need right now its a bunch of guys use to digging themselves out of a shithole!

"It is expected that the Open Offer Entitlements will be admitted to CREST on 12 October 2006." said the RNS OF 9 Oct.

That means 600,992,559 additional shares they could be traded from that date.

Almost 100 million shares were traded today alone - and that is without the 'Firm Placing' 1,375 million shares the Institutions have paid for but are not yet admitted for trading.

Clearly from the SP movement far more are being sold than bought unless there is a huge MM game being played.

This all suggests that the present buyers are from outside existing holders.
Probably stake building by the Institutions who paid the 11m without knowing the uptake. Now, knowing the uptake that assures the immediate future, they have re-considered whatever they were told and convinced by [ ;-)) ], prior to making their investment, to increase their holdings..

I would not be at all surprised to see more notifiable interests in the coming days. and again once the 1,375m New shares are admitted afier the EGM.

Morning people. As we are aware of this new chance to get shares @ 0.8 if you already own some, can someone just give me a little help. I have been offered shares too since I own some but can one buy them at this rate online through their trading company(TDwaterhouse) or is there a form to fill out? Also when is the last chance to buy - date wise?. I not so with it with these situations as you can probably tell! :)

Input much appreciated.

Pez

Hi Pez
I too did not receive info from TDW - so yesterday phoned them and took up the offer by phone -try phoning them. Best wishes. p/271

Good morning, All.
Profit taking today????

I recieved an email from TDWaterhouse but all you need to do is look at your stock list and there is a box to select in the Corporate Action section on the right. When you click this you can choose to accept or decline the offer and also state how many shares you would like upto your full entitlement.

Morning. Profit taking? Possibly; or more stake building by Popeye Doyle!
kim

PEZ. You have until 27 October.
kim

NS

They are yours. When you buy the share you own it even if you do not pay for it until 5 or 10 days after

Mind you at this price I'm saying enoughs enough c70%+ since the bear raid by Shares Geoff Ho. HO HO HO Xmas has come early

I dont think we'll see profit taking while the buys are still coming in, the likelihood of more institutional buying and the SP is still rising.

The way things are going I might just be tempted to take up the offer.

Tonyrelaxes - not an expert, but don't think you're right. Admission to Crest of the open offer (which allows Crest members to contact their client shareholders to make the offer to them, as far as I understand it) is not the same as admission to AIM of the new shares which cannot happen until the EGM in any event. All 2bn new shares willl be admitted after the EGM has approved the fund-raising and on the same date, I am pretty sure.

sd

oblo, i don't see any reason why anyone shouldn't take up the offer. i mean, it's a near 50% discount to today's sp. i bought a few more at 1p and sold today for about break even. i will be taking up my allocation and hopefully the sp will still be around this level. that'll be a very nice 90%/100% profit. well done to those who jumped in at 0.8p. you'll be sitting on a very handsome profit right now. it must be tempting to cash it in, after all, when was the last time you could take a profit on seo?

stockdog
Thanks for explaining that.

Bos,
Tempted to trade, but not sell.
I believe that spring will see 5p.
But don't tell anyone. They'll rib me mercilessly if it doesn't.
Alan

technotamed- thx for td waterhouse link as i have not received prospectus yet either but they are on "action required"

stockdog - Just a reminder that Stanelco are in the Small Cap index and not on AIM.

NS
T D Waterhouse
http://www.tdwaterhouse.co.uk

With Jarvis Brokers. Just contacted them, as yet they have not received the offer paperwork and stated they would chase it up today.