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

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

Just seen this:

Sterling Energy PLC
08 July 2005


Sterling Energy PLC (the 'Company')

Holding in Company


The Company was informed on 7 July 2005 by UBS AG ('UBS') that as at the close
of business on 29 June 2005 they were interested in 60,448,408 ordinary shares
of 1p each in the Company ('Ordinary Shares') representing 4.34 per cent. of the
issued share capital of the Company. This holding is held within the following
subsidiaries of UBS:

Subsidiary Holding
UBS Global Asset Management (Life) Ltd 27,317,740
UBS AG London Branch 33,130,668

8 July 2005


This information is provided by RNS
The company news service from the London Stock Exchange

never a bad thing.

Is this a new holding or are they increasing or even reducing? Anyone know?

From the 04 report and accs on page 24, it lists substantial shareholders as
Amvescap 14.59%
Westmount Energy Ltd 5.02%
The Goldman Sachs Group Inc 3.18%
The Moore Credit Fund (Master) 3.06%

Goes on to say that as of 9th May, they know of no one else holding 3%. So it would seem that they have either been holding under 3% and have increased, or it's a new holding.

Missed completely.




As you see, these are both real time charts and the hurricane knoiwn as Dennis has very nearly expired as I write.

Nothing doing with SEY toiday, Monday.

Waiting....................

just went 18.5 bid. what a SLOW day!

Prop,

Good spot, 200,000 buy just gone through.

Still won't budge past that 18.75 resistance!

and a half bar as well just before the close.

SD, you are right but they ticked up with WINS and EVO to 18.5 within 30 seconds of eachother.

big patience game but i have faith in the 20 bid soon....

decent volume this morning....

18.75 bid with EVO and KBC

nice trades at 19 and above. offer now 19.5. if feel a 20 bid soon...

Oh good, we've broken out of resistance.

Hardman are getting big chunks ripped off too, so there must be something on the horizon for the Mauritanian Project other then the drilling starting soon?

Lets see what happens now.

SWW,

At the AGM they suggested the resoure MAY be larger than first thought, but were unable to confirm yet.

Maybe they are about to?

Through the 18.75p level at last and closing on a high - looking good for tomorrow.

Lowish volume, but some nice size trades in there today.

sd

Thanks Andy.

That would be an answer.

nice early bids...

Well, you know what they say - the early bids catch the woms!