CLO 0.00% $1.46 clough limited

What do you mean croupier, do you mean in directors...

  1. 7,409 Posts.
    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
 
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