CLO 0.00% $1.46 clough limited

Is the freefall abating? I spoke to Brian Hewitt in Clough's...

  1. 2,839 Posts.
    Is the freefall abating? I spoke to Brian Hewitt in Clough's Perth office about half an hour ago and quizzed him on the price. He told me that CLO's NTA is .47cents.....that has to make them look very interesting when you consider the last trade was at .46c.
    I suggested to Brian that a Press Release mightn't go astray, just to reassure investors that the company is not in any "trouble". He said he'd take the idea on board, so we'll see what eventuates.
    I thought they were still good value a few days ago at 61c and I did average down this morning at .48cents.
    Good luck to my fellow shareholders.
    Cheers all,
    Carl.
 
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Currently unlisted public company.

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