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SLL - Mon, 30 Dec 02 :

I suspect that the 3 larger deals today were all buys. Indeed, I know for sure that one of them was. The biggy today could well be a director deal tucked in before y/end. This company is now market capitalised at only the fixed asset cost of its SPM buoy and is just coming back into profit. Have I missed something? If the long awaited loan stock conversion does eventually take place at 3p, and sales growth comes back into the equation, these could fly. We have about 4 months to wait before finding out.


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