well clo has a very strong balance sheet with net cash of well over 100 million dollars .they have record work on hand and order book and plenty of bids in for new contracts .it looks as though the two contracts that went bad last year are close to being settled and will show up in this years accounts . it does look as though the selloff has been a bit over done but in this market who knows .i am sure harold clough will be upset and kicking butt as we speak.wrongway
CLO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
