CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Cardia announces proposed merger with Stellar Films Group, page-6

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  1. 12,607 Posts.
    lightbulb Created with Sketch. 175
    yes - there is a "fit" between the companies and overlapping distribution

    21 mill in sales over 3 years - need to see if any of this ended up as profit

    Numbers are always a concern like Sales/Profit - 48/52% why??? - who will be on the new board ?
    What will be the synergistic saving?
    Additional costs for the board etc?

    Will have to wait to see full reports and then figure it out
 
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