Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi guys Your thoughts on close the loop it is still well off its highs although it appears to be trending higher at the moment if you read their announcements they continue to significantly increase their earnings and profits It seems to be in the right space ie recycling Thanks Tony
Hi Tony,
For subscribers not familiar with CLG its a $200mn Victoria based business that operates a batteries recycling services plus other recycling based services. As you say they’re numbers are looking good and the business is well positioned to grow organically and through acquisition as we all look to become more environmentally friendly. However, its been a tough time of late for the ESG sector which has been discussed in depth with regard to lithium and nickel stocks over recent weeks.
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