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Close the Loop Halts Adamantem Talks, Eyes Steady 1H25 EBITDA Despite Setbacks
7:03pm on Monday 2nd of June, 2025 AEST
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Close the Loop Halts Adamantem Talks, Eyes Steady 1H25 EBITDA Despite Setbacks
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Termination of acquisition talks with Adamantem Capital
Indicative proposal valued at $0.27 per share withdrawn
1H25 revenue expected to match prior period
EBITDA forecast between $11m and $13m amid temporary operational challenges
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