CLO 0.00% $1.46 clough limited

they wouldnt say only that one was in australia and one overseas...

  1. 1,950 Posts.
    they wouldnt say only that one was in australia and one overseas and that it was a potential problem that came to their notice last week and they have announced it as a potential problem to the half year profit but think it can be sorted .he said that with over 60 contracts on the go this happens from time to time and is usualy sorted by negotiation and arbitration .the agm is on wednesday and their will be an update then .he also said that the unrest in indonesia hasnt been a problem for any of there asian contracts but the market is obviously nervous about the potential for problems.wrongway
 
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