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TheManWithNoName - Mon, 02 Jan 06 :

Kal ,

Prior to june ..the ordinary shares were worthless ..market cap £8m ..80m shares in issue approx @10p.

The SP and Arden agreed restructuring which completely changed the situation ...instead of Rybak owning 100% of the company ...the split was Lamberts 40-45% and Rybak 40% maybe more .Probably Menzel via the German company owned 5%.

Rybak pocketed £20-25m from share sales and so did Lambert .

It was only from June onwards that volumes increased and the share capital and thereby selling could commence .

All selling from Restructuring onwards will unveil the culprits .

Trades from IPO will easily be analysed -so few .


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