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Cleanaway Waste Management ( (AU:CWY) ) has provided an update.
Australian Retirement Trust Pty Ltd has become a substantial holder in Cleanaway Waste Management Limited, acquiring a 5.043% voting power through 112,568,546 fully paid ordinary shares. This acquisition signifies a notable investment in Cleanaway, potentially impacting its market positioning and stakeholder interests by aligning with a significant superannuation fund.
The most recent analyst rating on (AU:CWY) stock is a Buy with a A$3.15 price target. To see the full list of analyst forecasts on Cleanaway Waste Management stock, see the AU:CWY Stock Forecast page.
More about Cleanaway Waste Management
Cleanaway Waste Management Limited operates in the waste management industry, providing services such as waste collection, recycling, and disposal solutions. The company focuses on sustainable waste management practices and serves a wide range of sectors including residential, commercial, and industrial markets.
YTD Price Performance: 4.16%
Average Trading Volume: 6,127,020
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.09B
For an in-depth examination of CWY stock, go to TipRanks’ Stock Analysis page.