What caused the CLG.AX stock drop on 25 Feb 2026?

The fall was driven by heavy selling with **6,126,536** shares traded and a relVolume of **24.31**, suggesting block exits or concentrated selling. Weak profitability and leverage concerns amplified the move.

Is CLG.AX stock a buy after this decline?

Meyka rates CLG.AX **B / HOLD**. A buy case needs visible cash flow improvement, lower debt and funding clarity. Current metrics show earnings negative and elevated leverage, raising risk for buyers.

What is Meyka AI's forecast for CLG.AX stock?

Meyka AI's forecast model projects **A$0.030** within 12 months, implying **+57.89%** versus **A$0.019**. Forecasts are model projections and not guarantees; monitor company updates and cash flow reports.

How does CLG.AX stock compare to its sector?

CLG.AX is in Industrials Waste Management. The sector averages healthier margins and ROE; Close the Loop shows weaker returns and higher debt, so it underperforms sector peers on profitability and leverage metrics.

AU Stocks

CLG.AX Close the Loop Ltd ASX down 26.92% 25 Feb 2026: key risk signals

ByHuzaifa Zahoor February 25, 2026February 25, 2026

CLG.AX stock plunged 26.92% to A$0.019 on 25 Feb 2026, driven by a large volume burst of 6,126,536 shares versus a 50-day average of 251,969. The sell-off pushed the share price to its intraday low at the year low of A$0.019, amplifying downside concerns for investors on the ASX in Australia. Today’s move follows extended weakness across multiple timeframes: 1M down 45.71% and 1Y down 81.90%, highlighting elevated volatility and liquidity stress in Close the Loop Ltd.