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An update from Close the Loop Ltd. ( (AU:CLG) ) is now available.
Close the Loop Ltd. has announced the appointment of Avikesh Nair as a new director, effective July 16, 2025. Nair holds 2,325 fully paid ordinary shares directly and has indirect interests through entities he controls, including 750,000 fully paid ordinary shares and 750,000 unlisted performance rights. This appointment is expected to strengthen the company’s governance and potentially enhance its strategic direction in the recycling industry.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
More about Close the Loop Ltd.
Close the Loop Ltd. operates in the recycling and resource recovery industry, focusing on sustainable solutions for waste management. The company specializes in the collection and recycling of printer cartridges and other consumables, aiming to reduce environmental impact and promote circular economy practices.
Average Trading Volume: 2,908,564
Technical Sentiment Signal: Sell
Current Market Cap: A$25.53M
For a thorough assessment of CLG stock, go to TipRanks’ Stock Analysis page.