Added to YB: 2025-06-23
Pitch date: 2025-06-20
CLG.AX [bullish]
Close the Loop Ltd
+38.46%
current return
Author Info
No bio for this author
Company Info
Close the Loop Ltd engages in the collection and recycling of electronic equipment, imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States.
Market Cap
AUD 17.0M
Pitch Price
AUD 0.03
Price Target
0.32 (+789%)
Dividend
N/A
EV/EBITDA
3.01
P/E
3.34
EV/Sales
0.44
Sector
Commercial Services and Supplies
Category
value
Close the loop - it's a risk / reward story
CLG.AX: MC A$13.8M, severely undervalued at 0.026 vs A$0.27 takeover offer. Packaging (A$7M profit) + refurbishing (A$15M normalized) = A$22M profit on A$63.8M EV. Temporary issues at refurbishing (Mexico facility delay, virus) but HP 3yr contract intact. 45% insider ownership. Base case A$0.32, 10x upside from current price.
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