re: Ann: Breakthrough into Multilayer Biohybr... Where and what does todays news on the Breakthrough leave us?
Firstly somebody liked it todays volume was a record for the company and while sure we have double the shares on issue most of it all took place in less than 2 hours.
How big is todays news in the scope of the bio plastics industry?
My understanding is that it involves food and the protection of it and this is required throughout the world, the big question for me is do we have a real edge in our industry arena now and are we able to be price competative.
I thought some of the other comments were quite loose.
Due to interest from international brands we are expanding our plant to double the current size.
Once again we are left in the dark on customers, sales to customers and what area of our business is causing the expansion or is the confidence based around the new multilayer technology?
One area I gather they need to expand in is the finished goods business and perhaps there is better margin in this arm of the supply?
It will be interesting to see if we can now form some sort of base from here and some bigger players decide to take a stake in what could be a very promising business, but I feel without some sort of serious sales agreement that gives some sort of idea on contractual size in a figures sense and a name of at least just one of the big business we supply we will continue to be bounced around.
Time will tell.
re: Ann: Breakthrough into Multilayer Biohybr... Where and what...
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