CNN 6.25% 15.0¢ cardia bioplastics limited

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  1. 1,912 Posts.
    lightbulb Created with Sketch. 214
    agreed - but its D day - all the hard yards won't mean a thing if they don't have job. if they believe stop spending on themselves for the moment. mgt are in the best position to know when and if three or four months of deferred pay can be repaid. It's not an uncommon strategy to convert pay to stock and if they believed, at these prices wouldn't you?
 
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