bosley
- 20 Feb 2004 09:34
TANKER
- 19 May 2006 10:18
- 16681 of 27111
our do these muppets keep there jobs there are useless . a bloody monkey could dono worse.
garyble
- 19 May 2006 10:21
- 16682 of 27111
From another site:
"The bad news: small AT orders lowering the price followed by large fill orders = almost certain shorting activity
The good news: the shorters will have to stop somewhere between 10p and 1p, and when they do so, a buying frenzy will lift the price fast, maybe even faster then the that of the drop"
WOODIE
- 19 May 2006 10:26
- 16683 of 27111
how many of you will take part in a open offer for more shares if they run out of cash as i said earlier thats what the market is telling you?
greekman
- 19 May 2006 10:35
- 16684 of 27111
Woodie,
Where are the indications of any sort of a cash call.
ssanebs
- 19 May 2006 10:39
- 16685 of 27111
as far as i recall there was no cash call, maybe senior debt and 5 micro manufacturing plants which would pay up front for the licenses.
WOODIE
- 19 May 2006 10:47
- 16686 of 27111
there are no indications of a cash call i did put IF in the above post, but do your homework if no money is coming in due to a delay then how long will the cash last that they have?
dawall
- 19 May 2006 11:13
- 16687 of 27111
For those PIs who attended the AGM
How many questions were asked about the delays to Greenseal and the G/S problems? Are you confident the problems are now overcome or do you think that they might still be ongoing and if so are they surmountable in the short term? Is the rate of roll out of further G/S conversions likely to be slower than previously expected or is it a case of all problems are now understood, rectified and then back to orginal rates of conversion?
There have been one or 2 comments on BBs around the commercial viability of Greenseal and together with yesterday's Shares mag article I don't think it is helping the sp.
dawall
- 19 May 2006 11:13
- 16688 of 27111
For those PIs who attended the AGM
How many questions were asked about the delays to Greenseal and the G/S problems? Are you confident the problems are now overcome or do you think that they might still be ongoing and if so are they surmountable in the short term? Is the rate of roll out of further G/S conversions likely to be slower than previously expected or is it a case of all problems are now understood, rectified and then back to orginal rates of conversion?
There have been one or 2 comments on BBs around the commercial viability of Greenseal and together with yesterday's Shares mag article I don't think it is helping the sp.
soul traders
- 19 May 2006 11:27
- 16689 of 27111
Bosley, I agree (your post 16672), but only "sort of". My contention is, as I believe Peter Lynch says, that you should never try to catch a falling knife. This SP is still showing no signs of bottoming out. Whether that is rational or irrational in relation to SEO's current situation or its potential is another issue altogether.
Buying for 10p may look attractive if you compare with 30p 12 months ago, or with a mooted 1 a share in a few years' time, but if you strip out the speculation and conjecture and follow the chart back to the last time there was any kind of stability, you're back to 5 or 6p. I know that a lot of news has come out since then, but that doesn't seem to be what's driving the SP movement since the peak a year ago.
Throw in a potentially choppy or negative market over the summer months and I think there's still a strong case for further downside emerging.
The danger in a disenchanted market, in the absence of substantial increases in reported revenue, is that this stock will be regarded as cheap when the market cap comes into line with other fundamentals such as net asset value. Shareholders' funds/NAV in the last report were 18.9 million. It would surprise me if large investors started buying solidly at anything over three times this; from which I deduce that a 6p share price is in sight (mkt cap for approx 940 million shares would then be 56.4 million, which some might see as generous for a company whose last reported revenue was less than 1.5 mil).
Short covering may produce some relief as somebody pointed out, but I've heard most short selling is done at the bottom rather than at the top of a down-trend. So there could be more damage to come.
Don't shoot me (yet!). I just think this stock isn't yet cheap enough for the market to start reassessing its view.
oblomov
- 19 May 2006 11:51
- 16691 of 27111
Does anyone have the gist of the Shares mag article yesterday?
tweenie
- 19 May 2006 11:53
- 16693 of 27111
Time to leave the board to the SHORTERS to talk amongst themselves.
Good luck to you all.
Nothings changed re this company.
Lots of stop losses been triggerred and share price has dropped. Ho-hum, shit happens. Someone somewhere is making a profit.
I'm happy to ride out this bad spell, it won't last.
WOODIE
- 19 May 2006 12:01
- 16694 of 27111
tweenie iam not short of this stock trying to help pis out with a view of what might happen in the furture.oblomov see my first post today that is near to it as you can get.
oblomov
- 19 May 2006 12:04
- 16695 of 27111
Thanks ST.
explosive
- 19 May 2006 12:26
- 16697 of 27111
Buys exceeding sells, just caught in the crossfire me thinks like TB says
garyble
- 19 May 2006 12:48
- 16698 of 27111
Good thing I have a meeting to attend, else I'd never get anything done.
Not sure, but probably a few factors affecting the sp in concert including an effort to trigger a tranche of SLs. Seems to have worked and could see a recovery today or another 0.25 down each day till some news.