I also agree that the company is not without management troubles.
My reasoning for buying back in was that a 7% fully franked dividend which has been stable for many years was much more reasonable than leaving my money in the bank. Even if they had to halve dividend payments, that'd still be 3.5%...
The price to owner's earnings ratio was also quite enticing - I have a roughly 50% margin of safety built into this as well.
Unless today's announcement is absolutely awful, I think I'll be okay. Fingers crossed though, as I obviously prefer good news for a stock that I hold.
CLH Price at posting:
$1.09 Sentiment: Hold Disclosure: Held
