CNN 6.25% 15.0¢ cardia bioplastics limited

Double digit sales growth is not impressive coming off such a...

  1. 138 Posts.
    Double digit sales growth is not impressive coming off such a low base, because a single stand-alone order could make sales spike by 50%. More quarters of sales expansion will be necessary to establish a growth trend. Hopefully, though, there won't be any more dilutive capital raisings for a while seeing that the cash burn rate will fall as sales revenue picks up.
 
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.