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Close The Loop Ltd
Commercial Services and Supplies
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About Close The Loop Ltd
SOURCE
ACTION
FUND MANAGER
DATE
28 Aug 2025
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Annual Report
Commentary
§ Important Notice
The entries below are records originating from third-party statements. Thesis Tracker does not rank, recommend or endorse any fund manager, fund or security. Investment decisions should be made on the basis of the relevant Product Disclosure Statement and, where appropriate, advice from a licensed adviser.
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Frequently asked questions about Close The Loop Ltd (ASX:CLG)
Frequently asked questions
Who is investing in Close The Loop Ltd (ASX:CLG)?
Fund managers including Cerutty Macro Fund, Salter Brothers and Wilson Asset Management have invested in Close The Loop Ltd (ASX:CLG).
What opportunities or catalysts do fund managers highlight for Close The Loop Ltd?
Salter Brothers, commenting in August 2025 with shares around $0.03, noted several encouraging developments for Close the Loop despite a difficult FY25: the Mexicali facility is now fully operational, new CEOs have been appointed to lead the North American ITAD division and the Australian business, and FY26 is expected to benefit from new project wins and produce an improved earnings trajectory.
What are the key risks to the Close The Loop Ltd investment thesis, according to fund managers?
Salter Brothers reported that Close the Loop was the portfolio's key detractor in FY25, citing the termination of takeover discussions with Adamantem, a weaker-than-expected 1H25 trading update, EBITDA falling 46% to $12.2 million due to an unfavourable shift in business mix, and delays in delivery of the Mexicali facility approval, all of which materially impacted the FY25 results and share price.
What is the short interest in Close The Loop Ltd (ASX:CLG)?
According to ASIC filings, there is negligible or no short interest in Close The Loop Ltd (ASX:CLG).
What does Close The Loop Ltd (ASX:CLG) do?
Close the Loop Ltd (CLG) is a resource recovery company specialized in circular economy solutions. The firm collects and refurbishes electronics, including laptops, printers, teleconferencing equipment, and gaming devices. Additionally, CLG provides sustainable packaging designed to improve product recoverability and recyclability. The company operates with a primary strategic objective of achieving Zero Waste to Landfill across its operations.