CNN cardia bioplastics limited

ann: cnn develops film tech for bib water, page-7

  1. 12,617 Posts.
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    pear

    I usually am not in favour of SC - CNN is a different case

    the company you mentioned KGL:

    a- already was in the 13 c plus range, enabling smaller steps compared to CNN

    b - most importantly:
    had fundamental flaws and managed to "lose" 2 flagship tenements that were going to drive the company's income stream - so no income, but selling at a loss and having to come to debt arrangements !!!

    Very fundamental difference


    I have seen a few SC that have worked and could cite BLT having done a 25:1
    (from memory) and have gone form a 30c post consolidation to a high of 2.50 since
 
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