CNN cardia bioplastics limited
Add to My Watchlist 6.25% ! 15.0¢

10 mill traded at 13:25, page-7

  1. Reiner001
    12,617 Posts.
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    06/09/12
    11:36
    Post #: 10679396
    mmmmmmmmmmm

    by my back of the envelope calculations CNN need 12 mill a year in sales to be cash neutral (at current reduced cash burn)

    so they would need..................... sales to get to 2c ?

    I think 24 mill would get us there - lol

    so I think 18-24 months could be right
    CNN Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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