There is no false hope. Shareholders will not see one cent. Nonetheless, it is interesting watching the administration unfold.
The most recent article in The Australian suggested that Credit Corp and Pioneer Credit have dropped out of the running to acquire the business and that Deutsche Bank and Panthera Finance were now in the picture. I cannot see Deutsche Bank being interested. I am unsure where The Australian sources their information however I think we should take these rumours with a grain of salt.
CLH Price at posting:
6.8¢ Sentiment: None Disclosure: Held