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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.

Expand

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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