CLEANAWAY WASTE MANAGEMENT LTD (TSPCF)

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CLEANAWAY WASTE MANAGEMENT LTD (TSPCF) Profile

Cleanaway Waste Management Ltd (CWY.xasx) is an Australian waste management, industrial and environmental services enterprise headquartered in Melbourne, Australia. Cleanaway provides solutions for all four types of waste management, including general waste and recycling, liquid waste and automotive spills, industrial cleaning and construction organic and e-waste services. The company employees more than 6,300 people, has a waste cleaning fleet of over 5,300 vehicles and manages about 250 Australian sites. Cleanaway Waste Management Ltd (CWY.xasx) is traded on the Australian Securities Exchange Ltd (ASX), is an ASX-100 Index constituent, has a $6.08B (AUD) market cap as of November 2021 and $2.3B (USD) in 2020 yearly revenues, accounting of 2.1% year-over-year growth. Cleanaway Waste Management Ltd invested almost $5M (AUD) in reducing the company’s electricity demand. Cleanaway Waste Management has partnered with the Commonwealth Bank of Australia (CBA), Pact Group Holdings Ltd and Asahi Beverages to establish a joint mega-venture in Albury-Wodonga by the Murray River. The Circular Plastics Australia PET (CPA) recycling plant will cost over $45M (AUD). Cleanaway Waste Management Ltd (CWY.xasx) and its trio partners will be ready to recycle the equivalent of approximately one billion used PET plastic into more than 20,000 tonnes of new bottles and food packaging each year.

Cleanaway Waste Management Ltd (CWY.xasx): Trade a Contract for Difference (CFD) on CWY.xasx and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30 - 23:00
Mon
16:30 - 23:00
Tue
16:30 - 23:00
Wed
16:30 - 23:00
Thu
16:30 - 23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 17919

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