A break above $1 would be a strong technical breakout.
CLO has a large order book and did well to get into bed with FGE, it now needs to pump the guts out of FGE all night long and get its moneys worth!
On top of that is should hold itself to the standards of FGE going forward, a new level has been set, margins should increase and a formalised JV could be on the way according to the FGE report today.
CLO Price at posting:
86.5¢ Sentiment: Buy Disclosure: Held
