Business
Here’s why the Clean TeQ (ASX:CLQ) share price tumbled 10% today
The Clean TeQ Holdings Limited (ASX: CLQ) share price is down 10.3% today. This as the company emerges from a 2-day trading halt to announce a $19 million capital raising via a private share placement.
Although well down from its 8 September 2020 highs of 38 cents per share, at today’s 26 cents, the Clean TeQ share price remains up 18.2% year-to-date.
By comparison, the All Ordinaries Index (ASX: XAO) is up 1.3% so far in 2020.
What does Clean TeQ do?
Based in Melbourne, Clean TeQ Holdings provides services in metals recovery and industrial water treatment. The company applies its proprietary continuous ion exchange technology via its wholly owned subsidiary, Clean TeQ Water.
Clean TeQ also owns 100% of the Clean TeQ Sunrise…
-
General16 hours agoAlleged Croydon Park gunman Artemios Mintzas charged with 25 offences
-
Noosa News23 hours agoPrime Minister Anthony Albanese calls for political temperature to be ‘turned down’ after alleged death threat
-
Noosa News22 hours agoYork family honours late son with tractor museum to fund cancer research
-
General21 hours agoTeam Australia wins back-to-back Motocross of Nations titles