Unless I have missed something, i personally don't think they have provided enough info to assess the merits of this transaction.
Special situations debt funds normally have quite high hurdle rates of say 15-20% and are very smart people.
Would be great to understand what the expected collection profile of the portfolio looks like and the implied return on the transaction.
Hopefully they haven't sold off an exposure to their best debt for a return well below their ROA. But who would know with this disclosure.
- Forums
- ASX - By Stock
- CLH
- Ann: CLH Portfolio Enhancement Programme - 2nd Balbec Transaction
Ann: CLH Portfolio Enhancement Programme - 2nd Balbec Transaction, page-5
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online