CNN 6.25% 15.0¢ cardia bioplastics limited

cr and doing the sums, page-12

  1. 8,256 Posts.
    No probs Samson

    I'm guessing that the market will have a similar attitude to that post after the TH is lifted and maybe punish the stock on the basis that it needs cash to survive - this is a good thing for potential investors like you, if you like the opportunity.

    If the CR is pre-subscribed by SI's, I'd like to get some explanation from management on the specific purpose of the CR and hear that it is indeed to ramp-up Nanjing production - this would indicate that there is a good degree of confidence about what to expect out of these trials and beyond.
 
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