CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Cardia Startegic Review of Manufacturing Operations, page-3

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
    mmmmmmmmmmmmm:


    "Despite the discontinuation of its film and bag making operations, Cardia will remain committed to the Brazilian market place. The company will maintain its Brazilian market presence and continue its focus on the supply and distribution of its proprietary compostable and Biohybrid™ resins."

    Do I take it they will no longer make and market "bags" - but rather the resin product and rely on the market needing the resin to manufacture bags ?
 
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.