anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

The boys on ADVFN think it will be 17p. For the instutions to get on board it must carry a substantial discount. Watch this space and all will be revealed.
The thing I like about this thread is that we can all drift in and out of making a serious comment without some one getting the hump. Not so on other threads or BB's

LOL

MS

I guess we will find out soon. Hope it's very soon as I want to get more of these but waiting to find out what the placing price will be. Was tempted to buy today but held off, may regret it but who knows.

I also remember that PCI did a recent placing of 72m shares at 13p to institutions to raise 9.4m. The RNS for this came out on 27/9, the sp that day opened at 14 and closed at 14.75. So there was also a discount there so I would assume that there would be one here.

so true MS you utter ba@%~*d! (couldn't resist!)

lunch was a pre christmas treat..i need to lose a few pounds before the stuffing begins

i would agree with the 17p. decent disc to current levels but higher than 3 months ago. bodes well for the future as long as we have long term institutions involved we can avoid the punters flipping and keeping an overhang on the sp. maybe the deal isn't so bad for minorities after all - we would rather get this swiftly away and held and then sit back and watch our transformed company fly.

Looking back over some of the trades today, there was a 2.5m at 19p near close and also a 2.557m at 19p. Hmmm...

someone wobbling????????

the 2.5m trades that is

where was the 2.557?

Maybe SWW, but they will be in the price by now. I'm sure there will be buyers for them anyway!

So if we assume that the placing price is 17p, does anyone think that the sp will actually get there or near it, say 18. I don't know if it will. When PCI did their placing at 13, the sp never got there. Different circumstances I know but just curious.

Anyway, Go SEY!!! Couldn't resist!

Here's my best tip of the day.....get one of those cold sleeves (about 6.99 in the supermarkets) for the wine and it chills whilst your drinking it...ideal!!

sandrew64 something else I have never thought of!

I begin to see a true genius in our midst.

I wish!!!!

Thinking of you seaside dwellers as the rain pours down and the wind howls, hope the night passes ok. I live on Dartmoor so well away from the waves but not the wind!! I've always wanted a home right by the sea but now see the drawbacks--maybe the Bahamas might be best if SEY keeps going. Here's hoping for a good rise in SEY tomorrow.

It's nuts down here tonight. Wind howling ,sea raging, seaweed all over the roads.I don't know about you SWW but I'll be amazed if we've got much of a seawall left come morning!

Well in the morning as I stare across the estuary,

I look at the sea which at high tide is higher than the land behind and think..........................................


That'll go one day!

Moneyplus , i live by the seaside in north wales , my mrs went to work last night she has to go over a bridge which goes over a river in rhuddlan {river clwyd}she told me she had never seen it that bad if you live along that way watch out,ruthin is always flooded . If your in to fishing,go to colwyn bay,there`s whiting & flat fish on the promenade and i am serious.

Are you in St. Andrews sandrew? A nice evening here looking across the Forth towards you!

jj50
I'm in Porthleven in Cornwall.You might have seen us on the news...the BBC have been down here filming....sure has brought the tourists out...it's been nearly as busy as in the height of summer.

15 friday please.

Morning all. Hope those of you suffering from storm damage are okay. Saw it on the news, looked pretty bad. Weather not too bad up here, raining a bit but could be worse.

I think it is institutional buying

What?