Collection House Trading Halt

Seeks trading halt pending updated earnings guidance announcement and a potential purchased debt ledger sale.

Collection house trading halt. Brief collection house seeks trading halt. Brief collection house seeks trading halt. If when trading recommences it is clear that shareholders have been misled about the financial performance of clh shareholders should consider a class action and speak to someone like shine lawyers based in brisbane on their share losses. Collection house limited clh is an australian receivable management company providing purchased debt credit management and collection services in australia new zealand and philippines.

Todays trading halt announcement puts into serious question the financial management and audit of collection house over the past 3 years. Unless asx decides otherwise the securities will remain in trading halt until the earlier of the commencement of normal trading on tuesday 18 february 2020 or when the announcement is. The securities of collection house limited clh will be placed in trading halt at the request of clh pending it releasing an announcement. Collection house is believed to be in talks with its lenders as it remains in a trading halt since friday in what appears to be the latest debt collection agency battling for survival.