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