Close the Loop Ltd. (AU:CLG) has released an update.
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Close the Loop Ltd. has experienced substantial growth, with revenue increasing from $71 million to $219 million, though it faces a share price decline. The company is focusing on IT refurbishment, expanding into North America, Europe, and the Middle East. Additionally, Close the Loop is considering a non-binding offer from Adamantem Capital, which could lead to significant changes in its ownership and strategic direction.
For further insights into AU:CLG stock, check out TipRanks’ Stock Analysis page.
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