What do you mean croupier, do you mean in directors fees?
Personally I think CLO looks oversold this time around, but I'd like to see some stabilisation before jumping back in. I believe, unless there's some news I don't know about, it can test its recent highs of 58c in the next couple of months.
CBA sold down a reasonable stake recently which has added downward pressure. They obviously have their reasons, greater perceived risk or whatever, but I just can't see why even with a profit downgrade, that they should be this low.
Cheers
CLO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held