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1.49%

33.0¢ close the loop ltd.

Well its a transformative acquisition which drastically...

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freakme

1,096 Posts.

31

13/04/23

11:20

Post #: 67253029
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Originally posted by Lefevre: ↑

Salter Bros now on board as per there latest quarterly report :

"Close the Loop Limited (CLG) engages in the circular economy
(i.e. recycling and reuse of materials). CLG recently raised
$45.0m in equity to fund a transformative acquisition. The
Manager took advantage of this fund raising event to start
building a position in CLG. The acquisition made by CLG
generates an additional $70.0m in proforma revenue while
operating at sustainably better earnings margins, making
the acquisition immediately earnings accretive. The Manager
continues to closely manage and looks to add to this position
over the coming months."

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Well its a transformative acquisition which drastically increases the overall size of the Company.

Right sector, right metrics and right investment ESG principles.

CLG Price at posting: 36.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 33.0¢		Change -0.005(1.49%)		Mkt cap ! $175.5M

Open	High	Low	Value	Volume
34.0¢	34.0¢	32.0¢	$110.1K	336.5K

Buyers (Bids)

No.	Vol.	Price($)
2	61497	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	56362	1

View Market Depth

No.	Vol.	Price($)
2	61497	0.325
15	214875	0.320
4	62653	0.315
7	162062	0.310
3	98333	0.305

Price($)	Vol.	No.
0.330	56362	1
0.335	2980	1
0.340	51000	2
0.345	20026	3
0.350	51739	2

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 33.0¢			Change -0.005 ( 1.49 %)
Open	High		Low	Volume
33.0¢	33.0¢		32.5¢	37203
Last updated 15.56pm 16/05/2024 ?

CLG (ASX) Chart