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

I bought some!


I hope for a recovery.

But more likely I will myself have been in and out of recovery a few times before this one recovers.

I bought at about 9p. (Scattered small amounts of cash among a few "bombed" out companies, which couldn't drop further in price. Dumb.)


Should have waited a bit longer.

But based on hope and time scale of 2-3years.

A bit old but!!!!

Date: Thursday 18 Mar 2010

LONDON (ShareCast) - Safety equipment and protective clothing provider Cosalt reported a dip in interim revenue amid challenging conditions but said it has seen some evidence of improvement in the market.

The group, which provides equipment for the Offshore Oil & Gas and Marine industries, said revenue in the four months to the end of February was 30m, down slightly from 31m in the corresponding period.

Chief executive Mark Lejman said, "We continue to manage both costs and working capital carefully as we prepare for the seasonal uplift in trading which occurs in the summer months."

He added, "Having taken steps to reduce costs in response to the market environment, and with recent signs of some improvement in trading conditions, the board's expectations for the full year remain unchanged."

Why is this going down.

Worth 2p and thats all.

Sell.. sell..sell..

Follwing CNT and Jarvis.

everyone should prick up their ears when mitzy posts, because it's usually a load of ......

this is MM only stock and offered in lots of 10k - i.e. +/-400 - and volumes are pretty minimal

I said sell at 9p have you got a problem with that.

i have a problem with many of your inane utterances, not least this last one on 6th when sp was only a little higher

it gives me considerable worry, and i have posted as much, that you do not care whether sp goes up or down - i.e. you play tiddlywinks ...... de facto, it allows you to make stupid prognostications without any risk of pain ..... occasionally you manage to call correctly, which you then think gives you bragging rights - a chimpanzee could do as well - conveniently ignoring the crap of when you have called totally wrongly

Relax old chum.

fortunately i do most of the time, but i shall no doubt continue to remind others of the inanity of your forecasts and that you never ever back same in meaningful way

now tell us all - truth if at all possible - of how many of these you are short at 9p and how many extra you added on 6th when you told everyone to "sell ... sell ... sell"

I cant be bovvered like your wife cant.

that pretty much says it all .... beginning to have sympathy with RDG and his view of you ..... as with several here, the truth and you are not well acquainted

You have never bought me a drink...or anyone at the golf club.

wonder how i spend all that levy then!?

Another small cap disaster.

Too risky @3p.

Cosalt inventory check reveals 4m shortfall
StockMarketWire.com
Oil and gas services group Cosalt says an inventory check has revealed evidence of a shortfall in company-owned stock and work-in-progress of up to 4m.

Further detailed investigation to establish the extent of the shortfall is under way.

The company says it has identified a series of doubtful transactions involving a supply company. Evidence suggests these account for a substantial proportion of the shortfall.

The transactions could give rise to claims against those involved with the supplies in question.

Cosalt has instructed KPMG as forensic accountants to complete the compilation of the evidence and Scottish solicitors Dundas & Wilson to advise on the recovery of any losses.

The company says that to avoid prejudicing its legal remedies and any future action, it is unable to comment further on such claims save to say that it will be taking all steps to maximise recovery.

Notwithstanding the shortfall, the company said it has sufficient stock to ensure there will be no interruption to services provided by the Offshore division.

The shortfall was not expected to have any further impact on the company's net borrowings.

Go long..!

On the rise with volume for the last couple days
A very good sign for a change of TREND

strong Level 2 of 5 v 1 @ 4 / 4.25p