Ken Lever

37 days ago

Cirata: a shareholder writes demanding chair and CEO be axed

I am a – wholly vindicated – perma bear of Cirata (CRTA), formerly the Wandisco unicorn fraud. The obscene pay of CEO Stephen Kelly and disgusting way funds in a loss making company are used for things like sponsoring his daughter’s hockey team, the repeatedly missed targets and ongoing cash burn maker the shares uninvestable. Now it seems that some of the peasants who have ignored my repeated sell advice are seeing the light and are revolting. One such shareholder has written to the company and his missive has found its way to me via Winnileaks. Enjoy.

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