CLG 4.35% 33.0¢ close the loop ltd.

Some notes from presentation:Revenue has already increased in...

  1. 278 Posts.
    lightbulb Created with Sketch. 21
    Some notes from presentation:
    Revenue has already increased in Europe re resource recovery.
    New factory for tonerplas etc cost $5m. Expected revenue is $4-5M annually. Intending to role this out throughout Australia - the demand is there.
    Acquisitions - will only be made strategically. Do not consider themselves a roll-up. Can be made with fcf and a debt facility will be available if they need it. Mainly see opportunities in resource recovery.
    Refinancing is on the table once they have a clean set of accounts (ISP Tek integration now coming up to 1 year).
    Capital management - will pay down debt as a priority.
    DYOR - interview will be posted on YouTube

 
watchlist Created with Sketch. Add CLG (ASX) to my watchlist
(20min delay)
Last
33.0¢
Change
-0.015(4.35%)
Mkt cap ! $175.5M
Open High Low Value Volume
33.5¢ 34.0¢ 33.0¢ $91.48K 273.5K

Buyers (Bids)

No. Vol. Price($)
3 19214 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 1164 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
34.0¢
  Change
-0.015 ( 1.16 %)
Open High Low Volume
33.5¢ 34.0¢ 33.0¢ 54533
Last updated 15.56pm 24/05/2024 ?
CLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.