Ann: CARDIA RAISES A$ 2.36M FROM THE PLACEMENT OF, page-2

re: Ann: CARDIA RAISES A$ 2.36M FROM THE PLAC... This is good news, Cardia has obviously been able to convince some astute investors to invest and tip some money into the company.

They have bought at 2.2 virtually the same level as anyone else recently with a free option for every 2 shares purchased excerciseable at 10cps.

It's all up to PV and the company now to produce some sales which hopefully will see the share price start to rise.

good luck holders,

atleast this cap raise is out of the way now!

dyor