What no one had yet picked up on is the sheet size and and if the US and Belgian (European) operations. Both in terms of the size and capacity of the plants, but also the scale of the markets that dwarf Australia. Plus the green push in Europe is just next level. You can't even post a parcel to Germany unless it's in 100% recyclable packaging - just a random example of the recycling market in Europe. These guys are perfectly positioned in the best sector with a proven track record of management.
The other point is that they have asked to soft plastic recycling. This is the holy grail. Basically all food packaging. If they achieve that then it's just blue sky above....
What no one had yet picked up on is the sheet size and and if...
Add CLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $159.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $423.9K | 1.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 116310 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 56675 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
29.5¢ |
Change
-0.010 ( 1.67 %) |
||||
| Open | High | Low | Volume | ||
| 30.0¢ | 30.0¢ | 29.0¢ | 502100 | ||
| Last updated 15.49pm 03/05/2024 ? | |||||
| CLG (ASX) Chart |