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215 Posts.

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27/08/19

18:47

Post #: 40180876
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Originally posted by Mk2M: ↑

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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Thank you. Food for thought.

Does CLH have similar practices to PNC around amortisation?

CLH Price at posting: $1.08 Sentiment: None Disclosure: Held
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0 Great analysis

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Annual Report, page-6

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