18 Jun | Purchase – Cosalt International
We’ve laid a little money down a company by the name of Cosalt – a provider of safety products and services to the marine, industrial and offshore oil and gas markets. We’ve purchased 916 shares at £0.5437 for a total outlay of £498.03
Our reasons? Simply a case of a profitable, expanding company, who’ve experienced a hiccup or two of late, being undervalued by the market.
With the sale of a loss-making caravan arm in it’s recent past and continued expansion into European ports, some good results may kick-start the price of Cosalt. Here’s hoping!