Ann: FY24 Results Summary, page-6

It seems as if CLG with its business Model of ‘Zero Waste to Landfill’ is spreading itself to many regions worldwide and
Over wide spectrum of off shots businesses that may conceptually be under the same umbrella, but practically very different.

it has been shown that the last acquisition of ISP Tek Services is the way to go in USA and Europe (future) with high demand for recovery, multitude of electronic products for diverse clients with high volume and margins, were as the Packaging model at least in Australia is slowing down with lower Ebitda and Profit Margins.

In simple terms CLG after all the Acquisitions that were made over the last few years can start separating the wheat from the Chaff and refine the business model by off loading some of the legging Packaging operation, use that money to reduce debt and concentrate the resources and energy in a selected viable location and engage mostly in the recovery ( Renew solution) and refurbishment of these electronics gadgets.
Nothing wrong with specialising in a niche market and exploring it to one's advantage