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Cosalt - recovery plan (CSLT)     

Juzzle - 19 Dec 2006 23:43

Chart.aspx?Provider=EODIntra&Code=CSLT&SChart.aspx?Provider=EODIntra&Code=CSLT&S

Note: Where MoneyAM chart shows 0.00p, it means 1.00p(!)

grannyboy - 05 Jan 2011 12:21 - 29 of 63

Somethings happening, someones heard news?????????

cynic - 05 Jan 2011 12:28 - 30 of 63

this is such a twiddly company that some pretty small buying (or selling) can move the price disproportionately ..... i wouldn't be a buyer

skinny - 05 Jan 2011 12:29 - 31 of 63

Its that time of year - a lot of similar sized companies are being walked up and then down again.

cielo - 05 Jan 2011 14:21 - 32 of 63

IS HAVING A PAUSE JUST NOW

but the posible sale of the marine business for between 25 and 35m, is a good omen for the company low market cap, though there is debt on the balance sheet

cynic - 05 Jan 2011 14:38 - 33 of 63

which is perhaps why they are being forced to sell assets

mitzy - 20 Jan 2011 08:06 - 34 of 63

Up..!

cielo - 20 Jan 2011 10:57 - 35 of 63

Good news today so the trend on the charting is changing for the better >>>>>>>>

Cosalt Offshore wins 3m deals with Acergy

Cosalt Offshore has won two one-year contracts with Acergy to provide all lifting services it requires in the UK and Norwegian sectors of the North Sea.

The contracts are worth up to a total of 3m at present and there is scope for a further increase in the workload over the coming months.

The deals involve Cosalt Offshore providing a total management service in addition to product supply to fulfill all of Acergy's subsea lifting equipment requirements.

mitzy - 04 Feb 2011 09:04 - 36 of 63

up 10% this am.

Fred1new - 04 Feb 2011 10:37 - 37 of 63

Long may it continue. 8-)

mitzy - 14 Feb 2011 20:16 - 38 of 63

A complete disaster.

cynic - 14 Feb 2011 20:52 - 39 of 63

genuinely sorry for you all (with one notable exception to whom all good things must surely come to pass in time), but why on earth any of you should have money in this flea-ridden dog is beyond belief .... the writing has been on the wall for ages, and if the share is not suspended tomorrow, then for goodness sake bite the bullet

mitzy - 07 Mar 2011 19:17 - 40 of 63

Dont turn your nose up well you can if you need to it you wont be the first or last.

mitzy - 04 May 2011 08:33 - 41 of 63

?

mitzy - 11 Jul 2011 09:01 - 42 of 63

Not much value going forward.

mitzy - 16 Aug 2011 11:33 - 43 of 63

Down 10% today.

mitzy - 10 Oct 2011 13:01 - 44 of 63

Chart.aspx?Provider=EODIntra&Code=CSLT&S

Is it the end or will they suevive in 2011.

mitzy - 17 Oct 2011 09:34 - 45 of 63

Sub 2p now not looking good.

..maybe worth a go @1p..?

mitzy - 19 Oct 2011 08:08 - 46 of 63

Games up I guess.

HARRYCAT - 19 Oct 2011 08:33 - 47 of 63

That's a scary one mitzy! Looking like junk stock & administration on the horizon?

mikegr - 19 Oct 2011 08:38 - 48 of 63

Is it? This is a gamble now but I've just topped up at 0.7p to bring my average down to 1.7p. Haven't got a clue which way it's going but the only way I can win is to gamble on a bounce back. Good money after bad? We'll soon find out.

This has fallen so quickly. Hanover selling their 6% earlier in the week, they must have known this was coming. Is that insider trading or just the benfit of being a large shareholder with your finger on the pulse? In any case they knew before we did.

The question is what is the true value of what we have left? The trading statement doesn't hold up - on the one hand they're saying the delayed sale is the cause of the half year results being off, on the other they're saying that they'll have to look at ongoing funding requirements and operations.

Is it a deliberate ploy so that new money can come in at a bargain basement price, or so they can take it private at a rock bottom price? At this moment we'd probably all jump at 2p per share, I know I would. That would have been unnacceptable a week ago, and only 6 weeks after the full year results painted a rosier future.

Big boys playing games, I'm joining in rather than backing out.
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