CLG 1.56% 32.5¢ close the loop ltd.

Ann: AGM Company Update, page-112

  1. 189 Posts.
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    Every time the share price got smashed or manipulated, I just go back to read the annual report and business updates. So 200M market cap, 200M revenue, 40m EBIDA, if the business stop growing and stay as it is now, so what? High debt? It has a lot of cash on hand, it still generates 40M a year and in 10 years time that will be 400M. Will the share price stop here? of course not! Even the growth slow down it is still such a good business making a lot of money and you can hardly find a company like this on ASX.

    So when I think through all of above, the wave of price change and weakness won't matter too much and in fact, give me more opportunity to add more into my portfolio. So let' s hope the marketing think the same way and a good updates followed by good price actions.
 
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