Cleanaway – Buy

{ASX:CWY) is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Cleanaway has approached global giant Suez about potentially buying its Australian assets in a $2 billion-plus deal. If a transaction proceeds, the ACCC will conduct a public review to assess the impact on competition. 

We see price support above the $2.20 level.