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

greekman - SEO have been available for trading on Plus markets for over 12 months.

You can see the trades here (with a 15 minute delay). If you click on "more", you can see a page for the last few days' trades.

Be patient and refresh the browser if necessary as it often takes a while to load.

http://www.plusmarketsgroup.com/details.shtml?ISIN=GB0005814198

As I write, 780,000 (the bulk of them purchases) have been traded on Plus versus 320,500 on LSE.

There are also other trades made on the Virt-x exchange but these are usually sparse.

The sorts of volumes going through Plus surely cannot fail to affect the overall market - but what do I know ?

Hope this helps.

Alfa.

There are also monthly summary spreadsheets on Plus for all traded stock dating back to Jan '06.

Alfalfa,
Thanks, now found it. I did look earlier but as you say took time to load so did not wait long enough first time.
Also SEO is not on Plus's company trading list which presumably needs updating.
Cheers Greek.

greek - Glad you found it.

If you go to the home/index page of Plus, look who's currently top of the gainers' list.

Also, if you put SEO in the search box at top right, guess what turns up !

Alfa.

Greek,

You're most likely looking at the Plus quoted list and not the Plus traded list. Go to the "select" box top right and choose the traded list, SEO appears on it.

Garyble, Alfalfa
Thanks, found it.
I was thinking traded company, quoted company as same thing. Not having one of my better days.
Cheers Greek.

PRICES SEO.L

Date Open High Low Close Volume Close

28-Nov-06 1.30 1.33 1.23 1.25 29,387,724 1.25
27-Nov-06 1.42 1.42 1.25 1.30 31,519,936 1.30
24-Nov-06 1.42 1.42 1.36 1.37 23,466,632 1.37
23-Nov-06 1.46 1.46 1.36 1.36 30,110,696 1.36
22-Nov-06 1.55 1.55 1.40 1.39 30,436,124 1.39
21-Nov-06 1.56 1.60 1.48 1.51 33,759,960 1.51
20-Nov-06 1.45 1.59 1.45 1.55 33,233,120 1.55
17-Nov-06 1.41 1.45 1.41 1.43 35,265,344 1.43
16-Nov-06 1.52 1.52 1.35 1.39 319,602,848 1.39
15-Nov-06 1.72 1.72 1.48 1.49 94,808,992 1.49
14-Nov-06 1.92 1.93 1.66 1.67 76,836,400 1.67
13-Nov-06 1.70 2.00 1.70 1.89 204,995,456 1.89
10-Nov-06 1.40 1.79 1.40 1.70 182,306,592 1.70
9-Nov-06 1.23 1.40 1.23 1.40 97,033,144 1.40
8-Nov-06 1.07 1.25 1.03 1.24 79,596,832 1.24
7-Nov-06 1.00 1.08 0.95 1.07 188,548,736 1.07
6-Nov-06 1.12 1.13 1.08 1.09 20,887,170 1.09
3-Nov-06 1.18 1.19 1.10 1.13 40,857,784 1.13
2-Nov-06 1.25 1.30 1.14 1.18 25,131,404 1.18
1-Nov-06 1.19 1.25 1.16 1.23 18,905,456 1.23

That's some 1.5 billion shares traded or 50% of the equity. Is there any advantage is trading on Plus? Is it used for derivatives, such as CFDs?

Balerboy: I did not call it right on the way down and lost much of the gain made on the way up. But all you can do is ask what lesson you have learnt - in this case, not for the first time, is not to take what you are told at face value. Once there is failure to deliver on a promise, make for the exit door. Easier said than done, I know. I do believe there is a thorough discontinuity with history, so it is a new era in which Schroder, almost certainly in my view, are in the driving seat either directly or via their man. Most of us believe in the products, with reservations on Greenseal not because of the technology but because of the environment and retrofitting issues. Once the current slide is seen to be over, there can't be much downside and the possibility of a major success story could re-emerge. Argument for averaging down?

Eric

the main advantage---the old old story-cost /plus-cheaper to deal that it/

Whilst waiting for something to happen.....

There was a mention a while ago about a 5m euro promisory note. can anyone shed any light on the origin and implication?

Eric, Since signing up on this forum, I have read with interest the posts from you and other members of the board,and indeed have contacted certain members to discuss aspects of this investment/trade/deal whatever you may want to call it.This bb is civilised whatever point of view one may hold and that is good.
I personally have held this share and followed SEO through thick and thin since 2001 when i first realised the potential this technology may have in(then) the future.I think(said tongue in cheek,for it is many years now)I made some profit along the way,but, I was caught short when incorrectly I presumed the share was on its way to the high beliefs I was expecting @ 20p 17p 14p and was stuck!! and in answer to your question I have averaged down to a realistic level which is still really not low enough,should one average down again!!? I still believe and trust my investment/gamble will show me a profit at the end of the day(which day?)
I sincerely hope all the long term holders on this board will look back on this experience with pleasure and relief.
Good luck to all,Cheers.
PS. Where has A.Hewitt gone? moved house or moved share?
PPS.Tony, Cheers.

Alan Hewitt is currently on tour with his team playing cricket for England. They were engaged as part of a cost cutting exercise and their names changed. I believe Alan is now known as Matthew Hoggard - the real team have have been killed and the proceeds from their life insurance will further boost the coffers of the ECB. All part of a major plan to win back the Ashes by around 2025.

eric - I trade qith Barclays SB and they use the Plus market 'cos its cheaper.

Nice to see you back by the way

Not new news but the pressure continues to build.

Tax on packaging proposal slammed by industry body
By George Reynolds

29/11/2006 - An influential industry body has hit back at a call by environmental and consumer advocacy groups to put a tax on disposable and 'hard-to-recycle' packaging.

The Industry Council for Packaging and the Environment (Incpen), whose members include Tetra Pak, Coca Cola and Cadbury's, said research produced in favour of the tax was faulty and ignores major issues involved in packaging products.

http://www.foodproductiondaily.com/news/ng.asp?n=72411&m=1FPDN29&c=gcjasaplopxltou

boldtrader - Mr Market does not play "average". Averaging down is meaningless in reality. What price you bought at in the past has no relevance to your question today - should I invest any of my spare cash in this company here, now, based on its prospects from this moment forth.

The fact that your average break even looks lower is an illusion. You still lose the same amount on your earlier purchases and still gain the same on the new purchases quite independent of each other. Albeit, emotionally it feels nice.

So you should view averaging down as a result of an investment decision, not as a parameter of such investment decision.

The only +ve about your earlier investments is that you are now likely to know the company very well and can therefore make a better decision. Ask yourself, would you advise your mother (?) to invest a portion of her pension pot in SEO today, never having beein in SEO before?

Personally, I think SEO has a better than average chance of doing very well from here - a 10 bagger puts the SP back at only 12.5p. Upside to downside is probably a fair ratio of 5:1, so why not? Although it's a better tactic to wait until the new management/shareholder combine gives clear indication of direction or at least one concrete element of success before investing, even though you may lose the first 100%(!) rise. Investing now is more like horse-racing. The form is good, it's exhilarating, but is it investment?

IMHO WDIK

Gary - 22710

5,168,000 "Promisory Notes are the amounts due from BioTec Holdings GBMH to the 50% per cent shareholder, SPhere". So says the note at bottom of page 40 of Annual report and Accounts issued in Feb 06.
A stage payment to EKI was made in June 06. The Prospectus says a final 1.6 is due June 06. This amount is about half the 5m Euro you mention.
?

Thanks Tony,

I scanned the prospectus again last night, and noticed it on Page 202 {I think} in the section entitled "Indebtedness" I believe a total of 11.1m was owed as at 31 oct. 2006.

Just curious as to how SEO can owe any amount to Biotec/Sphere, as apart from the cash deposit, all other funds were covered by share issues. Biotec did have a debt of ~$11m so I can only assume this could have been transferred.

Also in the Prospectus, pages 32/3, something I had missed before.
"...August 2006 the Company received 3 loans from private investors. Two of these loans were for 0.1m each with interest payable at 10% per annum for the term of the loans. The third loan was for 0.5m and was subject to a 5% arrangement fee and interest of 15% per annum for the term of the loan. All three loans are repayable on demand and no later than 30 November 2006, together with interest and fees."

Hands up, which of you was it?

It was HW!!!!!

The following was also of interest:

1) The Cardinal/Ingel "standstill" {I think} agreement has a deadline of 6th Dec. 2006, whereby they can pull out at no financial penalty and obligation if certain performance criteria are not met.

2) SEO are leasing a further two units in the Southampton industrial park, can't remmeber the square meterage but vaguely think its gives them about three times the existing. for a total annual lease of ~230k.

LOL - perhaps. The Interest/fees were good for a short term lender - especially as they were repayable in full before (OK, just before) the cash would have run out.

Regarding 2) MW told me after the EGM that the two new units (detailed on Prospectus page 201) are still nearing completion (ie. outgoings) and had been intened to be for retrofitting sealing machines but they are currently looking to sublet them.