CXL +10.07%: the second consecutive day of strong gains for Calix has put a swift halt to the rout of the last ~2 months. The MD & CEO presented to the Bell Potter conference today with the notes from the presentation largely showing no new news, however, it did restore some confidence for the story. Calix confirmed it’s balance sheet is in good order and “flexible.” The company also confirmed all key FY24 targets remain on track, the most important being the demonstration plant being developed at Pilbara’s (PLS) Pilgangoora Project. The company’s transformative technology has a pipeline 76 projects in various stages of development, the key now is monetisation.
MM remains neutral CXL
Add To Hit List
