CNN 6.25% 15.0¢ cardia bioplastics limited

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

  1. 12,605 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
 
watchlist Created with Sketch. Add CNN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.