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Rosslyn Data - Statement Needed as shares keep sliding

By Tom Winnifrith, The Sheriff of AIM | Friday 11 November 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


osslyn Data Technology (RDT) shares continue to slide and now trade at only 9.75p - valuing this company at just £7.4 million. It listed two and a half years ago after Cenkos signed off on a misleading prospectus at 33p and it has been downhill ever since. The company insists it will not run out of cash before it his breakeven. We shall see.


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