At the time I bought in, the reports were advertising a 7% dividend with a P/E of around 4. It was also claiming a year on year growing revenue stream and given the rising household debt levels in Australia the company looked well positioned for future growth. CCP just did not measure up in comparison at that time. Long story short, I bought in on fake numbers and hollow promises. $15,000 down the drain. I've got to wonder if there is a class action in there somewhere? Maybe against the previous ceo's golden parachute. I doubt it though. But it would be nice if these people were to feel some sting for their malpractice.
CLH Price at posting:
6.8¢ Sentiment: Sell Disclosure: Held
