CLH 0.00% 6.8¢ collection house limited

Its probably a combination of things- Recent bad press from ABC...

  1. 68 Posts.
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    Its probably a combination of things
    - Recent bad press from ABC report on bankrupting people
    - Lev's ongoing defamation case
    - CFO stepping down on the last day of the financial year for no given reason
    - CCP buying Baycorp, making them an even bigger leader in the debt purchase market
    - Lev selling down his shareholding over the last few months and for the next few
    - Accounting concerns over at PNC having the potential to bring the amortized cost method for purchase debt into question

    Will need to be a solid result for CLH to turn the sentiment around and not just made good with debt sales like last year.
 
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