CroupWhat are you on about "They keep the profits for...

Croup

What are you on about

"They keep the profits for themselves"
"Huge turnover small profit"


CLO profit to turn over has a lot more to do with the nature of their business - Multi million $ contracts that have a high cost component.

They have also stated there has been a transition from being a private company where a major aim was to reduce tax (therefore profits) to being a public company where the aim is to increase returns to shareholders (profit)

Either way the value of the company is being strengthened either by a sronger balance sheet or increased profits.

So where do you get that the management are benefiting.