Lev warned of this in his letter to Shareholders last year: https://hotcopper.com.au/threads/ann-clh-2018-agm-letter-to-shareholders.4508347/page-38
This is starting to look like Repcol 2.0
And yet CLH continue to insult shareholders intelligence by putting out statements such as "the review of its operating model and collection strategies... is in response to recent industry changes". Has CCP made any similar announcement about the effect of industry changes on its business?
When are CLH going to address the elephant in the room - the Balbec PDL sale and its impact on cash flows?
CLH Price at posting:
$1.09 Sentiment: Sell Disclosure: Not Held
