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6.25% 15.0¢ cardia bioplastics limited

Ann: Cardia announces proposed merger with Stellar Films Group, page-12

  1. keitsuke
    74 Posts.
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    25/11/14
    12:30
    Post #: 14348181
    If Stellar produces average $21m sales per year, add on top Cardia's c$7m, combined group is close to $30m a year, definately a bump up in scale and synergy. Would also mean on a pure sales comparison, more value is going to Cardia shareholders.

    Need more info re management/board structure/control but looks good so far.
    CNN Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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