"Advises and invests in technology and energy based companies and currently has a 2.5% stake in North Sea oil and gas company Faroe Petroleum.."
http://www.parkmeadgroup.com/parkmeadgroup/

"Mr. Tom Cross has become Executive Chairman. Mr. Cross has been a non-executive director of the Group since October 2006. He will take up office as Executive Chairman on 9 November 2010.
Mr. Cross is founder and Chief Executive Officer of Dana Petroleum plc, which is currently being acquired by the Korea National Oil Corporation in a deal worth approximately $3 billion dollars. He is a Chartered Director and petroleum engineer with extensive energy sector experience, spanning projects in more than 20 countries. In 2005, Tom was elected Chairman of BRINDEX, the Association of British Independent Oil Companies and he continues in that role. He is a Fellow of the Institute of Directors and has served as a Chairman of the Society of Petroleum Engineers and an advisor to BBC Radio on oil and gas affairs."

The Board of Parkmead reports that Mr Brian Wilson and Mr Faysal Hamza are retiring from the Board as Non-Executive Directors with effect from 21 December 2010.

Mr Wilson and Mr Hamza have served Parkmead with distinction, through a period of significant change in the Group, culminating with the successful acquisition and integration of Aupec Limited. They will continue to play a role within the Group in an advisory capacity.

The Board is also pleased to announce the appointment of Mr Philip Dayer and Mr Ian Rawlinson as Non-Executive Directors of the Group with effect from 21 December 2010.

Philip Dayer was a Non-Executive Director of Dana Petroleum plc from 2006 until its recent sale. Mr Dayer has over 20 years of public market and corporate finance experience.
Ian Rawlinson was also until recently a Non-Executive Director of Dana Petroleum plc, serving from 2005 until its sale in 2010.

Nice little bounce off the rising DMA (either would do) to establish a good support level.

support level????? .... at 17 or perhaps 14 if you ask me (which you didn't!)

Harry how much money do they have?

TC has lots and lots!

As at Sept '10 Cash and cash equivalents at end of year 291,869.00, Total Equity 8,510,609.00

and CEO draws 419k .... what a lucky chap!

Cheers Harry i think when i have a bit more time i will have a good read up........sounds like Tom Cross should take the helm of Desire.

at least he doesn't draw too much salary, though he and his wife hold 27/28% of the shares

Fast approaching some kind of support level I hope. Currently 17.5p mid. (Red 25 DMA on chart).

you said that yesterday, though yes i guess it's possible there'll be a dcb when 25 dma hit

Yep. I am working on the basis that if I say it often enough, it should come true! DCB on one of the DMA's must be something the chartists are expecting don't you think?

I'd go for the 200MA :-)

Had the retracement (a very large one), now is time to go to the broker for some 20.75p to 21p to pay

The Parkmead Group plc

Holding in Company

The Company has today been made aware that Nightwish Investment Limited no longer has a notifiable interest in the Company. (Nightwish originally held 30.3M shares)

whoever they may have been, but that's a big slab to dump and assuredly tells you what one big investor thinks of the current price

i wonder if they got shot of the whole 5%

IF SOMEONE WANTS TO POST INFO

DO SOME RESEARCH
Last news was 20.3M and 3.36% for Nightwish, they only had to go under 3% to declare >>>>>>> no longer has a notifiable interest


23 December 2010 The Parkmead group plc
Holding in Company

The Company has today been made aware that Nightwish Investment Limited is interested in 20,300,000 ordinary shares, representing 3.36% of the issued share capital and voting rights of the Company.

What I posted was absolutely accurate. They originally held 30.3m shares and no longer have a notifiable interest. That does not mean that they no longer have an interest. I concede my post could have held more detail.

they've still dumped an awful lot of stock - i.e. +/-about 12m shares

>>>>>>cynic

I do know why some posters like you to keep your mouth SHUT

>>>>>>>>>>> Nothing positive when you do not hold the stock

>>>>>they've still dumped an awful lot of stock - i.e. +/-about 12m shares

Some posters have " sawdust for brains " ( cynic )

if 20.3M is 3.36%

on moving to 2.99% and no need to declare is 2.23M shares not 12M


# sawdust for brains and the key of wisdom