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27/08/19
18:47
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Originally posted by Mk2M:
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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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Thank you. Food for thought. Does CLH have similar practices to PNC around amortisation?