CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Sales Update FY2012 , page-23

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,607 Posts.
    lightbulb Created with Sketch. 175
    sun

    "Cash burn rate is around 38k per month, it's around $4 mil, not $1.5"

    ????

    38k x12 = 456k NOT 4 mill


    plus 1.1 from SPP (on top of 1.9 mill from March Q cash report)


    SO - what is it going to be ?????


    My personal guess - 2013 cash neutral and going towards cash flow positive
 
watchlist Created with Sketch. Add CNN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.