that might be true, but I think the issue is the quality of that asset number with debt collecters. PDL books can be inflated in value in the short term and that asset number is often subjective. The suspension reads as if CLH is facing potential insolvency, not exactly a margin of safety. Take a look at the recent events of Pioneer Credit, thankfully not a wipe out for shareholders as a PE firm bailed it out, but CLH may not be so lucky.
- Forums
- ASX - By Stock
- CLH
- Ann: Trading Halt
Ann: Trading Halt, page-50
-
-
- There are more pages in this discussion • 12 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