CLH 0.00% 6.8¢ collection house limited

Ann: Company Update, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 121 Posts.
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    Let's see if more specifics are announced (which is a big if). But note the assets Balbec acquired were proven repayment arrangement accounts, which in fact are portfolios which improve over time (as default rates decrease with tenure), as apposed to pure defaulted accounts which lose value over time if debt acknowledgement/servicing status not restored. A client lost, but OK let's see the value of the compensation received.
 
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