CL1 class limited
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Ann: CL1 Update on Investment in Philo Capital Advisers, page-5

  1. gerling
    389 Posts.
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    02/07/21
    18:16
    Post #: 54248257
    Actually - wasn't it an investment made by the current management?
    Was a bit disappointed with the rather 'unapologetic' tone of the announcment.
    After writing down >80% of the invested amount, and a huge % of annual EBIT, I thought it should of been a bit more circumspect.
    So many dumb decisions in the name of growth and M&A....
    CL1 Price at posting: $1.59 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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