30/10/2023 16:58

Calix (CXL) $2.49

CXL -11.7%: the green industrial technology company announced a licencing agreement with Bill Gates-backed Heirloom today, shares opened higher on the news however balance sheet concerns were only amplified by another deal which could drag the cash balance in the near term.

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11/10/2023 16:40

Calix (CXL) $2.95

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.

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27/09/2023 09:07

Calix (CXL) $2.88

The green industrial technology company has been struggling over the last few weeks with a largely uninterrupted fall since mid-August. There is no one reason for this ~40% drop – no broker downgrades or company news flow at least, so we have put this down to two reasons:

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21/02/2023 16:57

Calix (CXL) $5.57

CXL +6.1%: 1H numbers from the environmental industrial technology company helped drive shares higher today. Revenue beat, jumping 20%, while gross profit fell marginally to $2.6m.

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07/12/2022 09:35

Calix (CXL) $4.93

This is a stock that could do anything, and the loss of government grants has it down ~11% since we flagged it as a conviction buy. At the cutting edge of carbon reduction technology for industrial applications like cement production, Calix ‘should’ have a huge future, however, we are always cognisant that left-field events can hit companies that...

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16/11/2022 17:26

Calix (CXL) $4.85

CXL -0.82%: the green industrial solutions company hosted their AGM today with shares slightly lower on the day. There was little new news from the company today, more so highlighting progress in their technology across cement & lime, mineral processing, water purification and biotech applications. They recently completed a $60m raise, and upside...

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08/11/2022 17:14

Calix (CXL) $4.24

CXL +0.95%: today announced a relatively small $947,035 grant by the Australian Renewable Energy Agency (ARENA) to help fund a Basis of Design (BOD) and Front-End Engineering and Design (FEED) study for a renewably powered demonstration plant for its Zero Emissions Steel Technology (ZESTY). While that is clearly a mouthful, and the amount...

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02/11/2022 09:15

Calix (CXL) $4.30

We sat down with management this week after a very volatile October to try and get a gauge of how the company is tracking through the noise. They raised $60m through an institutional placement a few weeks ago at $4.55/sh following a transformative deal with Heidelberg Cement. Calix has already successfully implemented its technology in a trial plant and is working through...

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28/10/2022 16:34

Calix (CXL) $4.44

CXL -18.98%: the green industrial solutions business was smacked today after it was notified two separate grants announced by the Morison Government had been pulled by the new Labor Government. In May, Calix were granted $11m to a carbon capture project with AdBri (ABC), and a $30m grant for a project with Boral (BLD) both for carbon capture technology...

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26/10/2022 09:47

Calix (CXL) $5.54

The environmentally focussed industrial company last week successfully raised equity and announced a very interesting global licencing deal.

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