So lets be clear this is not a buy recommendation I'm just throwing this out to see what people think:
The current market cap is a little over $24mil and the company has assets of $141mil according to the Preliminary final report. Is it possible or in any way likely that they could just fire a lot of bloat to fix their cash-flows and thus be valued closer to its asset base?
(Yes, I did buy just before the freeze, and yes, I am likely guilty of indulging in wishful thinking)
CLH Price at posting:
17.0¢ Sentiment: None Disclosure: Held