Stanelco Share Discussion Threads

[vaneric] 27/5/2010 11:36

I think there was a fair bit of talk recently about tightening up the regulation on AIM maybe not so bad as feared but who knows? V.

[dr jekyll] 27/5/2010 11:31

A lot of trades today, many of which appear to be buys to me. As you said fur, very strange. I was expecting the share price to drop to around 0.125 pence during the day. Beginning to think it may finish higher than that.

Raising cash to secure a company going forward as well as progress being made towards profitability usually encourages investors to buy. At this offer price you could easily make a decent profit on a small increase in share price Particularly if orders are going well and something is announced to that effect.

I can see a consolidation coming though as has been said earlier.

The AIM move is the main negative for me at the moment. Apart from the current low share price of course. I can see that improving though over the next few months.

[vaneric] 27/5/2010 11:24

From the document:


Under the Open Offer, Qualifying Shareholders will have a Basic Entitlement of:

0.262 of an Open Offer Share for each Existing Ordinary Share

V.

[2pearly] 27/5/2010 10:55

This is the last call for the Stanelco Express
Calling at despair,frustration,incredulity and terminating at the end of hope.
We would like to remind all passengers who have bought a ticket that there is no buffet on this train.

[mhw28865] 27/5/2010 10:51

cheers mate i obviously missed that bit while having a fit about placing price and how much money i was down;-)

[2pearly] 27/5/2010 10:50

With their usual ruthless efficiency they have omitted to tell anyone the mechanics of the open offer and how the limited stock will be allocated etc

[bulgarianpropertydoteudotcom] 27/5/2010 10:49

fur imo major money men will now buy in large chunks push the price up 15%-20% then dump the lot while opening a short.
price is going down dont be fooled aimo ofcourse

mhw re entitlement to subscribe its in rns approx 1 new for 4 old

[mhw28865] 27/5/2010 10:46

f.ck me pop out for a while and over 70 mil traded on lse, So can anybody hazzard a guess when we will know how many share we can buy at placing price ? i have 800k which is worth not a lot now so might as well average down cheers

[fur] 27/5/2010 10:43

That's my point who has been buying 60m shares in nice comfortable chunks. lets hope it continues.

[fur] 27/5/2010 10:41

The quotes on plus seem to go all over the place; I like the .30 that comes on every now and then

[bulgarianpropertydoteudotcom] 27/5/2010 10:37

Fur just to clarify rights as an existing share holder to subscribe to open offer was at close of business yesterday.

[kmann] 27/5/2010 10:35

Hi, are existing shareholders being given a discount on the rights issue, if so how much?

otherwise where's the incentive, when all I've witnessed since 2007 is a plumbeting share price, a company with an appauling history of legal judgments and copyright infringments, parntnerships that go nowhere, and techno;ogy and products no one wants!!!

[ivor whopper] 27/5/2010 10:34

jeeez scary guys

[garypat] 27/5/2010 10:33

Anyone know what you need to do to subscribe to the open offer if your shares are held in a nominee account?

[wolterix] 27/5/2010 10:25

those are buys too..

[fur] 27/5/2010 10:23

and can I sell on plus please!

[wolterix] 27/5/2010 10:20

you have a point...

no idea....

[2pearly] 27/5/2010 10:20

RENEWED VIGOUR - Mines and Standen????????

That's slightly above 'complete disinterest' on the SEO scale.

[fur] 27/5/2010 10:19

why would they take up their new positions by buying in open market when they have been given the shares at 0.125p in the placing and open offer before the announcement today.

I agree that if they want to keep the same % of the total shares in issue they might want to buy in the open market but equkllky if they took up the rights then their % stays the same anyway.

So somebody is buying large chuncks that will not give them the right to take part in the open offer? Or is the cut off day today close?

[daw2] 27/5/2010 10:18

RENEWED VIGOUR - Mines and Standen????????

[wolterix] 27/5/2010 10:15

Fur - surely it's the 'insti's' taking up their new positions?

[shudstave] 27/5/2010 10:11

Well we all live and learn. I've come to realise that there's no point in voicing your opinion in stronger and stronger terms to people who don't want to think whether there's a potential downside or not.

Just leave them to get on with it, it's up to them, it's their money.

[fur] 27/5/2010 10:06

I note the directors are buying 97 million shares in the placing.

Alos I am a little confused; did you have to be on the register at clos of business yesterday or today to take part in the rights? If it was yesterday then I cannot understand the buys, if today then I can. Otherwise is somebody buying us?