This space is reserved for rvismith to introduce himself.
Update 12th June: FTSE have announced that Cosalt PLC will be deleted from the FTSE All-Small, and FTSE Fledgling indices on 14th June 2012 following it's continued suspension. At present I have no idea what this actually means for the future of the company, but it does rather seem to go along with David Ross's personal plan to take the company private! The company, shareholders,…
9th July update following AGM: As written by one of the SORT Campaign members - what you should be reading in the newspapers: HUMILIATION FOR CHAIRMAN ROSS AT AGMAt Cosalt’s hastily convened AGM, held on 28/06/12, Chairman David Ross was forced to vote for himself in order to retain the chairmanship of the company. It has emerged that once Ross’s votes are stripped out of…
Here is a detailed Timeline for Cosalt news releases since Summer 2011 showing the rapid destruction of shareholder value. The SORT Campaign is digging as hard as possible to stop Cosalt being taken private, and for honest disclosure of financial details relating to the company. 17th August 2011 RNS: 5591M OFT Decision confirming approval for sale of Marine business. Share price rose from 2p to…
Excellent letter, explaining the position us Cosalt shareholders are in, and what we are up against when our Chairman is also leading the company trying to take us over.
I totally agree with what you are trying to do. Are you aware of the current shenanigans at Cosalt PLC? Is it something ShareSoc can highlight to it's followers, as this an example of the attempted trampling of small investors? Here's a quick bit of background. The attempt to de-list Cosalt PLC (CSLT) by it's Chairman David Ross is being fought against by a large…
