CLO
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0.00% $1.46 clough limited

rumor has it that Forge may been the preferred contractor forthe...

  1. tszyucrew7
    587 Posts.
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    01/09/13
    16:58
    Post #: 12272708
    rumor has it that Forge may been the preferred contractor forthe EPC work for Roy Hill. This is highly likely to be a joint venture (due to the size of the contract) and I would think must involve Clough.

    So if this rumor eventuates, I would expect the share price to be > $1.46 but will the proposal offer effectively put a ceiling on the share price?
    CLO Price at posting: $1.45 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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