Announcement out this morning re: $1.5M annual contract with Ben's Land.
This follows on the heels of other recent announcements earlier this year re: Biefa - China Biro development , Brisbane City Council waste bags ,etc.. all trialling CNN patented resins for product development and use which surely are encouraging signs for future market growth for the company as they are in different and diversified markets as well.
As with all things , the stronger the foundation base , the more stable the final outcome.
Yes, there will be some looking for a quick exit should the share price begin to rise , however there will be others with a different view to a longer term result based on an environmentally friendly decomposing plastic resin for general use to replace what has become a world problem.
I am sure there are others with a similar view.
CNN Price at posting:
1.6¢ Sentiment: LT Buy Disclosure: Held