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03/04/03
18:17
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Well .... it seems that CLO sure has its battery of knockers.
And I for one would be the first to admit that management has had a lot to answer for, given its poor performance of late.
But things change ... and there have been significant management changes at CLO.
I for one, believe it to be on the road to recovery.
Today's AFR mentions CLO as a potential beneficiary on the oil-well rebuilding/maintenance side in post-war Iraq.
And CLO has had a good up-move today on healthy volume.
It is still one to watch ... imo .
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