CLH 0.00% 6.8¢ collection house limited

Perhaps time to absorb the reality that - as others have said...

  1. 121 Posts.
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    Perhaps time to absorb the reality that - as others have said above - there will be nil return to shareholders, and prob the same for unsecured creditors. I'd guess sale may raise less than a quarter of total liabilities outstanding, so after costs will be a very modest return to secured creditors.

    It's not an on market takeover so no shares are going to be offered to CLH holders. Best not to raise false hope.
 
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