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

Bright & early sw,good night.

gnite

Morning all.

More sells than buys.

Methinks the edit of the Sunday telegraph may have scared a few.

..........Of course, soaring oil prices mean the timing is opportune for such ambitious fund-raisings such as Sterling's. The shares are a "buy" - but beware.


On the ADVFN thread EJ has clarified that with regard to the beware bit he was referring to oil prices but this was edited out.


The power of the papers, can turn a stroy at the stroke of a pen.

Bad luck EJ. Write for a better newspaper in futiure, like the News of the World!

A least you will know they will distrot your story.

I am out today so.............

All quiet on the seawall front!

morning all. i like the mentions over the weekend. sit tight and hold is the way to go. the one point to add about the placement is that with the the stock being placed out to institutions there is a likelhood that less will be flipped out. i know it is an obvious point but relevant to diminish the overhang effect for a while.

Just topped up with 9m shares - in my dreams it was me lol!!!

!!!!!!!

still think you are going to get 15p DD?

well, i would like to get overexcited but it could be a T20 rollover (and added a few to make a round 5 million) but i don't remeber seeing a trade that size over the last few weeks.

Its unlikely ,but i live in hope. I am trying to sell some holding at a fair price at the mo,my be up to 3 lots.

I can get 66000 shares for 10k ,,,,,,,,if they where 15 pence !!

bon chance! i hope for all our sakes you don't get filled

Me too.

MS

Oh well its a waiting game now , a lot hinges over the pond in the next few days,it may prove decisive for me,,if i can join you all on your fruitful journey,,good luck if i can`t get a seat on board.

Wooo........

Back and I see someone has been busy.

Was the 9 million recorded as one trade?

Even if it wasn't then some one has a lot of cash and a lot of faith.

as do we! (well not so much on the cash...)

Can anyone shed any light on the recent EGM notice. I just received mine from my broker and it says that SEY want us to waiver our pre-emption rights so that they can place a number of shares equating up to 11.5m. I understood that they needed to raise 97m through placing of new shares. So where is the difference money comming from.

Sounds as though they have buyers queuing up for shares and wanting to grab yours!! hoping for blue tomorrow! whats for supper Mickey??

SWW
The 9 mill went through as 2 consecutive trades. Hope everyone had a good day!

sandrew64 thnaKX,

Have done a look throught the list and now found it near the start of the day.

Time delay is minimal, could it be a trade between two brokers I wonder?

Doubt it will go blue just yet, have to wait for the share palcing, but your obs are probably correct in respect of the shake for shares, and people queuing up for shares.

Mine stay mine.

Speal 2 morrow

Blimey, had a few sherberts SWW? Good job you're not'speaking' tonite!! LOL