Share
clock Created with Sketch.
24/06/14
14:58
Share
Originally posted by Derry65
↑
Uh-Oh,
6 more extruders !!! Sounds like yet another cap raising on it's way !!!
Well, I guess we will at least get a few more very small announcements to butter us up before they stick the knife in again :-(
Expand
I think you should read the ann again
The ann states Cardia Board approved purchase of Six ( 6 ) additional film
Extrusion and Bag lines to meet Cardias current order book, we are now poised
to deliver the increasing orders that we have been receiving.
IMHO they will not need to do a C/R, because the current revenue from sales
will cover the cost of the new lines, and also they will not have to let the market
know every order they receive, if read the ann you can see that.
All looks good for the future of this company.
Cheers.
Simmo.
Expand