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Close the Loop Shares Update as 750,000 Performance Rights Lapse

Story Highlights
  • Close the Loop reports 750,000 performance rights lapsing after conditions were not met.
  • The lapse slightly reduces potential future dilution without affecting current operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Close the Loop Shares Update as 750,000 Performance Rights Lapse

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Close the Loop Ltd. ( (AU:CLG) ) has provided an update.

Close the Loop Ltd. has announced the lapse of 750,000 performance rights, identified under ASX code CLGAC, after the conditions attached to these rights were not met or became incapable of being satisfied as of 20 January 2026. The cessation of these conditional securities slightly reduces the company’s potential future issued capital and may marginally ease prospective dilution for existing shareholders, but does not involve any cash movement or immediate change to the company’s operating activities.

The most recent analyst rating on (AU:CLG) stock is a Sell with a A$0.04 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.

Average Trading Volume: 308,082

Technical Sentiment Signal: Sell

Current Market Cap: A$19.68M

See more data about CLG stock on TipRanks’ Stock Analysis page.

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