catsick
13 Nov 2015
CLA minorities action group HiAs a shareholder in CLA , which AVAP now holds 99% of , I am proposing to put an activist action group together.CLA is attempting to throw its minorities under the bus, the shares have been trading at 25p, AVAP rather than offering a premium at say 30p to its minority shareholders for the final 2% are trying to force you to accept a discount and sell at 20.5p .The CLA shareholders should highlight that the management of CLA are not acting in the interests of its minority shareholders and the shareholders of AVAP should be aware that they may too be thrown under the bus at some pointI think the first plan of attack should be to attend AVAP investor presentations and voiciferously put forward the fact that their minority rights are being trampled on , they represent such a small part of the capital base of AVAP that I don't understand why AVAP cannot do the right thing and ask for shares to be tendered at 30p .
catsick
26 Oct 2015
de-list The cash shell is probably worth something to somebody, why de-list , just div out the nta and sell the shell.I own a few of these ( and also AVAP ) The parent owns 98%+ now they should just offer the final sub 2% of punters a 30p bid then I will sell, Otherwise if they de-list and become a private company I will make sure that the minority shareholders will be a thorn in their side !!
thirty fifty twenty
30 Jun 2015
2p divi = 11% return the comments from my previous analysis still hold..i.e. that as a near minority shareholder there is above average risk here....But the divi does confirm that CLA has CASH + profitability,and corporate action with AVAP will probably happen at some point..which was around??I am happy to gradually buy back in sub 20p as i think the 2p dividend will attract interest in the story. but i am prepared for a 2 year wait.All IMHO, DYOR + BoLCLA is in my portfolio
