Thanks to daza, I bought CLT for a quick trade but, now I think I am sitting on a goldmine.
CLT was acquired(T/o 28c/share) proportionally by Wentronics Gmbh, a global electronics distributor. As part of its plan for international expansion, JEJ(Top 20 holder in CLT) paid 36c/share(check out sub holder notice.) The plan is now coming together and CLT should return to profitability. HY Report out soon.
CLT Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
