Insto has been selling into the strength on the back of the impressive reporting recently...........but it is all being soaked up nicely, a testament to the fact that CLO future does seem rosey. Certainty of future earnings is what will provide support to the share price........look what Gorgon has done for the share price of DCG, SXE and NMS in recent times.
Have been holding these three and have added CLO today. If I pick up WOR, you could say I was holding a 'full house' in OIL/LNG services!
CLO Price at posting:
92.0¢ Sentiment: Buy Disclosure: Held
