Hi Simon .. The journalistic ‘skills’ are more of a lucky dip...

Hi Simon ..
The journalistic ‘skills’ are more of a lucky dip knack - a useful one sometimes and sometimes not.
Regardless of how skilful they are, it is part of the way I am knit I suppose ..
And as they say, it’s better to stick to one’s knitting.

Adam Gray was made Chairman on February 6, 2014 Appointment of Adam Gray as Chairman

On July 29, last time I was looking here, he had just bought half a million dollars worth of shares ..see; 39743293.
As of August 2018, Coliseum (according to last annual report) owned just over 24% of RFD - 38,848,321 shares .
Now it owns 43,209,820 .......so Coliseum has acquired 4,361,139 shares in the last 13 months (maybe around an extra 2.8%?)

@Ashentegra posted on November 1 last year (36353346) they had met him in relation to PAS, (PGR) where he is/was also the Chairman . (If you have time Ashentegra it would be interesting to know how he struck you ..cheers)
...it appears overall Coliseum is not so popular at PGR ...it tried for a takeover two years ago and the price has shrunk since them ...
Which reminds me of the attempted takeover here at Redflex...
Here’s an excerpt from my previous post about that ;
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“The price was around $2.60 a share back then.
The foiled takeover bid was at a premium to that.

Maybe that should go on your timeline too Simon?

....Market Cap only $62M now....


May 9, 2011;disallowed/business/embarrassing-defeat-in-redflex-takeover-vote-20110509-1ef09.html
..”Redflex's ousted former chairman, Chris Cooper, and supporters stopped the merger scheme dead when they extraordinarily defeated an amendment to the Macquarie/Carlyle offer that would have lifted the payout to shareholders to $2.75 a share.

Shell-shocked investment bankers, along with Redflex executives and directors, milled around at the end of the meeting in central Melbourne which, in spite of its outcome, had almost no debate on the floor.

The vote for approving the increased offer was only 63.4 per cent in favour, instead of the required 75 per cent, while the vote on the primary resolution later fell to only 59.9 per cent in favour and 40.1 per cent against.“

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I’ll take another look tomorrow Simon ....
i am curious about what else Coliseum is involved with.
Whatever the plan is for Redflex (and I am sure there is one) it is good the share price has been tracking up ...

In return my ‘secret’ new pet company, about which I have done absolutely no research beyond what I have posted on the forum is CVL - Civmec .
Apart from the fact it is listed in two countries, the chart is flatlining, the last results showed enormous losses, it carries a big debt burden and there are no shares for sale I think it has a lot going for it.
It makes boats .... and I think the management have a plan.. and I found it when it won an FMG contract I thought NRW might have been interested in (sometimes I buy a few shares in peer companies so as to keep an eye on them )....
...... If you have time I would love you to run a cursory eye over it and tell me what you think ..

Cheers