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4.29%

36.5¢ close the loop ltd.

Ann: Close the Loop to acquire ISP Tek Services, page-13

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freakme

1,096 Posts.

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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 36.5¢		Change 0.015(4.29%)		Mkt cap ! $194.1M

Open	High	Low	Value	Volume
35.5¢	36.5¢	34.5¢	$192.5K	541.4K

Buyers (Bids)

No.	Vol.	Price($)
2	29548	35.0¢

Sellers (Offers)

Price($)	Vol.	No.
36.5¢	114793	5

View Market Depth

No.	Vol.	Price($)
1	25000	0.375
3	8028	0.370
2	29041	0.365
3	32548	0.350
6	117264	0.340

Price($)	Vol.	No.
0.365	30371	5
0.370	66440	5
0.375	210000	4
0.380	47259	3
0.385	4896	1

Last trade - 16.10pm 09/05/2024 (20 minute delay)


Last 36.0¢			Change 0.015 ( 2.86 %)
Open	High		Low	Volume
35.5¢	36.5¢		34.5¢	338685
Last updated 15.59pm 09/05/2024 ?

CLG (ASX) Chart