Time will tell with this one. Not a good lead into a results period that's for sure and they don't seem to have been particularly open with any of the movements in key persons, including the weird 10 day (or whatever it was) CFO appointment.
It will be interesting to see the HY results and what they bring. I have mentioned my scepticism around some of the balance sheet values before (look high relative to the cash flows they will generate on a discounted bassi) and hope for those holding that these exits and price action isn't a precursor to a nasty shock in earnings. Regardless, of that I will be studying their cash flow streams and how these are being generated for clues on underlying performance (using the investor presos etc).
CLH Price at posting:
$1.37 Sentiment: None Disclosure: Not Held
