fsa investigation?
ADVFN PLC
24 November 2006

ADVFN PLC (the 'Company')

Exercise of Options

The Company announces that options to subscribe for 150,002 ordinary shares of
one pence each in the Company have been exercised at a price of 1.25p per share.
These shares have been allotted and application for the shares to be admitted to
trading on AIM has been made to the London Stock Exchange. Admission of and
dealings in these shares are expected to commence on 1 December 2006.

Bloomers

Indeed ! The action taken has brought publicity to the money spending and had the result of ADVFN changing the way they run their business. The AGM on the 10th Jan should see Mr Chambers telling shareholders they can see a change in the way this company is run. Large shareholders (Institutional and Private) have told Clem that this must be the case. (Believe me .... the Institutional investors have been very, very vocal recently).

As for ADVFN not existing next year, well I think for a company with this many eyeballs that very unlikely.

The fact is they have made some mistakes and are now rectifying that. I think we all make mistakes in life and move on.

If, however, you don't rectify when you make a mistake .... you pay the consequence.

My view on the shareprice ?

With the changes 6p - 8p
Without 6p - 8p (because the shareholders will remove the current management)

DougalDog

I know we are all of different minds as to how things should be done, but at the end of the day we all want the same, and that is a profitable and, more importantly, successful company.

There is no doubt that unless revenue is increased and expenses reduced we will have neither. I don't care how that is achieved as long as it is but unfortunately they are more adept at telling us what won't achieve it than what will. That is what is griping everyone, their stubborn stance and their inability to deliver under the policies they have set.

I am pleased to read about the more major shareholders having been heard but I don't really see a change of heart when 'the man' posts on the other thread.

I never saw you as an optimist, but should your prediction be anywhere near the mark I might just sack 'Mystic Meg'

bloomers..tradx,loverat,isis are the usual toss-ers i was referring to..surely you can't dispute that?

Dougal / bloomers

I admire your confidence but exactly how many worthwhile eyeballs do you seriously think advfn. has actually got?

ALP, ONL and AFN = the same bunch of directors are getting their salaries and exes from all three!

Rbees

I'm surprised you are able to read confidence into my post because there isn't any. I was merely responding to a previous poster who just may or may not know more than me. The point I was making was that if DOUGAL's post is accurate you wouldn't know it from the attitude of the 'boss man' on the other thread today. But he could just be fronting it out to save face. Perhaps we will find out at the AGM.

Ladies and gentlemen, welcome to MoneyAM, where you are free to have this discussion.

RBees

Looking at the expendtiture on AFN for the year I think a lot are wondering if it isn't paying the exs of all three. It certainly shouldn't be.

MM, you stirrer :-))

Just a thought but has anyone look beyond the executives and into the staff of AFN?
The problem, if ANY, could be the "leadership" or those who ("can do, won't do, all pay, no work ...")

Stirrer, moi?

Chambers should scrap all euro sites..total disaster and concentrate on US and Japan sites...US sites look like they are doing well with loads of advertising plus they give a list of subscribers unlike UK site where he won't disclose the actual numbers...should be made to by shareholders

I would be interested to see a list of how many subscribers have visited the site in the last month!

It has seemed quieter for a while now, only a few good threads left.

Totaly agree Andy.

Looks to me like the UK board is suffering for some reason. Less and less well known names disappearing by the day.

Surely this will have a negative effect on there revenues.

Maybe slightly grasping at straws here. Facts are facts. They have gone from an average of around 37M pages views daily to a little under 60M recently, in six months.

If they could control the manic spending they may even have a financial success.

http://www.alexa.com/data/details/traffic_details?url=advfn.com

Fair enough DD, but as you know as well as I do how many are being converted to
money subscribing subscribers rather than freebies???????????????.

DD,

I must say that page view statistic is impressive, and I have to admit I'm surprised, given the quietness of the boards recently.

Presumably that figure includes the foreign boards that have just come online?

If so it would be interesting to know when each one started up, and the individual monthly figures for the last six months to see where the real gain is being made, ie UK BB , or the new foreign ones.

Sometimes due to internet glitches, I enter via the US BB, and that seems quiet, and sometimes via the German one, and that looks quiet too, so maybe the Italian or Brazilian one is generating all the traffic?

As Goldfinger states, I don't see many new faces on the premium BB, which suggests many are only visiting the free boards.

take it from me the european sites are dead...new US sites are doing well,not surprising with the performance of the dow...subscribers should be signing up in their droves this new year...especially if they cut the time out to a few seconds

happy new year all

It is very difficult to gauge just how much more in the way of advertising, subscriptions and reduced spending would cause a break even scenario. Once the latter is achieved it may be easier but then the equation becomes just how much more can the current set up take, or will they have to buy even more space to decorate with advertising. If so then further dilution is a strong possibility and it may well become clear that the current policies will not produce the required revenue. Some of the other add-ons, which were the subject of great hype at their birth, are now struggling to find a mention and so one assumes that their contribution to the pot is limited.

I hope I'm very wrong but I cannot see a profitable way forward other than to charge for membership, to all companies, so that we at least know there is a yearly lump sum which can be relied upon. Everything else 'paid for' after that would be a huge bonus and cash with which to build for the future.

Regards Bloomers

bloomers,

Happy New Year!

I agree that it's difficult to see how they will generate sufficient funds with the current business model.

IMO they should reduce the price of level ll to encourage more subscriber based takeup, I'm convinced they would sell a whole lot more if another 10 came off the price.

Absolutely SPOT ON there Andy.

Youve hit the nail on the head. Whoever out of the top financial sites eg, Money am, advfn, hemscott, Scrazy, ample etc, etc, has the guts to go ahead and bring down level 2 charges to a reasonable monthly charge will win a big market share I believe.

In fact I can see someone doing this, its just a matter of time.

Could turn out to be a little like the lowering of price on broadband.

hi i use the afn web site
but on the bottom of the web page
affilation scheme copyright run from 1999to 2007
will they get other remember you need 30 working day by letter
to stop the account
do anyone no the date it runs out?