CLH 0.00% 6.8¢ collection house limited

Ann: Becoming a substantial holder, page-21

  1. 121 Posts.
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    Agreed Mk2M - IMO there's been a series of red flags over an extended period (loss of key execs without apparent reason just one). We have dire broker analysis, boycotts by at least one debt seller, and one of the financiers of CLH's debt facility pulling the pin (based on last year media reports). To cling on because it feels "cheap" (as in lower price than before) seems unwise from a prudent investing position. I made my own mistakes in the past (Allco, ABC Learning etc) and learned trying to catch falling knives is a gamblers game at best, not a smart use of capital.
 
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