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6.8¢ collection house limited

We will undoubtedly get smashed on opening. But just looking at...

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aschwin

136 Posts.

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20/11/20

11:09

Post #: 49014812
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Originally posted by sditchburn: ↑

Given that I'm working with multiple financial services companies as outsourced compliance and money laundering officer, and that friends in forensics are also fully engaged, in countries which were in full lockdown for months (like Melbourne eventually was) the "travel restriction" excuse is complete rubbish. Their documents will be fully electronic, there's nothing physical in an office which would require review.

No matter when it opens, covid or not, this company is going to collapse price wise. I'm also willing to bet that the normal risk when this happens of takeover will NOT materialise, and just like my prediction for RFG, it will be asset stripped instead.

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We will undoubtedly get smashed on opening. But just looking at PNC which was in the same situation we are in, their shareprice has quadrupled since bottoming out. if they can get financing, im sure we should be able too.

CLH Price at posting: $1.09 Sentiment: Hold Disclosure: Held
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