CLH 0.00% 6.8¢ collection house limited

General discussion, page-31

  1. 68 Posts.
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    It will take time for the impact of rising interest rates, cost of living etc to trickle through to the debt collection industry. People are not going to default on their loans overnight over a 0.25% rate rise.
    Time is a commodity that CLH does not have. Based on the April quarterly cashflow report, they have about 6 weeks of cash remaining before they become insolvent.
 
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