Treasure i went to the AGM and yes the business does look good and moving forward the issues will be cash as they need greater traction on sales and in this kind of industry the costs of Cardias products are far greater then average plastics so there is a need for more government legislation to push this industry forward. In time this will happen but as with all of these kinds of green companies it is a long process and i believe they will need to raise funds again before going cash flow positive. It is a stock i have a position in but will possibly add again later next year as they get closer. Good luck.
- Forums
- ASX - By Stock
- CNN
- 10m+ traded already ? somethings brewin..
10m+ traded already ? somethings brewin.., page-7
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online