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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cosalt | CSLT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.825 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.825 |
| Top Posts |
|---|
Posted at 08/2/2013 10:22 by srpactive Now the cwe arm has been closed the losses have stopped.So if we were creating an operating profit before this we should be making a better one now, the banks or investors should be more positive towards cosalt now than before. This is why negative rns statements are released at 07.00 and positive ones are buried at 17.09. Just in my honest opinion. Not saying anything about anyone or anything. Now sell the workwear and raise funds for just the profitable offshore oil and gas and we are away. dyor regards active |
Posted at 20/12/2012 09:37 by bakone Someone asked about the David Ross / iii connection - here is a copy of my post from Feb this year on iii. It is our Mr Ross - its a while back but he may still know people.I could be wrong on this but; Capital Accumulation Ltd - headed by Tomas Carruthers, owns Interactive Investor (iii) See 4th paragraph here; - it states; "Carruthers, backed by a number of individuals and Intrinsic Value, the investment trust, bought back Interactive Investor ..." Intrinsic Value plc issued this notice back in November 2001; - it states; "Intrinsic Value PLC Re Directorate Intrinsic Value PLC 13 November 2001 INTRINSIC VALUE PLC The Company announces that David Ross has resigned from the board of directors with effect from 13 November 2001. 13.11.01" Is this our dear beloved David Ross? surely not? |
Posted at 02/12/2012 10:04 by ravenna23 Looking up |
Posted at 04/7/2012 12:11 by ravenna23 My Letter to Company Secretary todayDear Ms Robinson Please inform Mr Ross that his announcement to the market today confirms that he does not accept the vote of shareholders on 28th February 2012 and as such is acting in bad faith. In my opinion he has never intended to publish accounts or appoint independent Directors. He has reneged on his letter of 12th December 2011 in terms of investment in the company. He is in clear breach of his fiduciary duties. He deserves to reap the consequences of his actions to disadvantage, disenfranchise and remove savings from ordinary, hardworking investors that made the mistake of trusting in him to manage his family firm with competence and probity. Please pass this communication to him, I have no fear of facing him in court. Yours sincerely |
Posted at 24/2/2012 12:42 by srpactive Investors Chronicle today front cover has the headline-------------------- "North Sea Bonanza" "how billions more barrels of oil could be produced". -------------------- More potential work for cosalt offshore division. Dyor regards active |
Posted at 20/2/2012 08:56 by srpactive Interesting:E.ON Seeks Wind Farm Investors - Report Share this article EON (XE:ENAG99) Intraday Stock Chart Today : Monday 20 February 2012 Click Here for more EON Charts. German utility company E.ON AG (EAON.XE) is in talks to include financial investors in its off-shore wind projects, the head of the company's Climate & Renewables unit Mike Winkel told the Financial Times Deutschland in an article published Monday. Winkel said E.ON wants to sell minority stakes in its wind farms in order to fund even bigger projects. The company wants to invest EUR7 billion over five years in the expansion of its renewable energy sources, the article said. The company hopes investors will be keen to profit from Germany's energy policy shift, with risk-averse investors like pension funds and re-insurers the most likely target group, the article adds. Newspaper website: -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500. ==================== Also read in the investors chronicle that greenko since September has received financial support from General Electric of $50m and $70m from Standard Chartered for their wind subsidiary. Just goes to show there are some very big players with deep pockets out there, WILLING TO FUND. dyor regards active |
Posted at 10/2/2012 10:19 by ravenna23 The beagle, I regret to say I disagree. I am not a trader but an investor and believe that principle on occasion outweighs profit. This is why Ross has failed three times so far and will fail again, he cannot understand people that are not totally motivated by greed. Two days is nothing when you are an investor, integrity is worth more. |
Posted at 09/2/2012 04:27 by ravenna23 Bid to Block Ross Plan Aberdeen P&JCosalt shareholders who oppose chairman David Ross's plan to take the company private claim they are close to being able to block the move. Mr Ross, who needs 75% of shareholders to support his proposal, is expected to call an extraordinary meeting in the coming weeks. A group of small investors who think Cosalt should remain a public company are said to have received pledges for more than 24% of the firm's shares. Meanwhile, Cosalt said yesterday it was not aware of any reason for recent sharp price rises for its shares. A spokesman for the group of investors opposed to Mr Ross's plans said around 200 individual shareholders had offered up their stake in the business and he was confident more than 25% of investors would do so before the extraordinary meeting. Cosalt's shares closed up 130% at 0.85p on Tuesday and they more than doubled again yesterday, reaching a peak of 2.24p before falling back to 1.43p. A statement by Cosalt said: "The directors continue to manage the business in line with their strategy and the group continues to require and to have the support of its major shareholder (Mr Ross)." |
Posted at 12/1/2012 15:46 by srpactive The annoying point regarding this is the companybased on recent rns statements that the company is improving. It now has 5m funding until 30 June. Why need to delist. Laura Ashley aly has a major shareholder with approx 87%, I believe. Easyjet has Stelios family holding just over 40%, and both are trading well and paying very handsome dividends and special dividends. They are part of my income portfolio. If cslt get straight as they appear to be doing and become profitable, Mr Ross with his 43% could return cash via special dividends to benefit. Due to having vacancies for the non exec's, we have the opportunity to place some high profile cslt investors re mr repetto and mr raine in positions (obviously only if they agree). Look what happened at pmg when a high profile investor got seriously involved Mr Tom Cross, the share price went from approx 0.7p to 38p in about a year. dyor To me a delisting just does not make sense. regards active |
Posted at 10/1/2012 22:20 by srpactive Here is what the telegraph said, far from over imho.dyor --------------- David Ross wins control of Cosalt David Ross has won control of beleaguered oil services group Cosalt but failed to gain the backing of a significant number of small shareholders for a full buy-out of the company. David Ross wins control of Cosalt Mr Ross has taken his stake in Cosalt from 15pc to 43.5pc in recent weeks but has won the backing of investors holding just a further 10.2pc of the company. Photo: NEWSLINE SCOTLAND Jonathan Sibun By Jonathan Sibun 10:01PM GMT 10 Jan 2012 CommentsComment The Carphone Warehouse founder whose family has had an interest in Cosalt for three generations said he had gained the backing of 53.7pc of Cosalt's shares. Mr Ross has taken his stake in Cosalt from 15pc to 43.5pc in recent weeks but has won the backing of investors holding just a further 10.2pc of the company. The entrepreneur had set out to gain the support of 90pc of Cosalt shares but faced criticism that he was trying to acquire the business on the cheap. He put forward a 0.1p-a-share offer in November before increasing that to 0.2p a share in mid-December. The first offer was pitched at an 87pc discount to Cosalt's previous share price but came with a warning from Mr Ross that failure by shareholders to take up the bid could see the company face administration. Related Articles * David Ross throws ailing Cosalt a lifeline for the future 05 Dec 2011 * David Ross looks to put Cosalt out of its misery with low-ball bid 17 Nov 2011 * Cosalt takes £17m hit after alleged fraud 15 Feb 2011 Mr Ross said he would keep the takeover offer open until January 31 and would convene an annual meeting with the aim of seeking a delisting for Cosalt shares. "The cancellation of the trading of the Cosalt shares will significantly reduce the liquidity and marketability of any Cosalt shares not assented to the recommended increased offer and their value may be affected in consequence," Mr Ross warned. He added that the company would be re-registered as a private company. There was no mention of possible administration. The shares closed down 0.07 at 0.28p. |
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