CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Investors Presentation , page-10

  1. 2,593 Posts.

    interesting to note that no where in any of CNN's presentations have they ever stated when they intend to be cash flow positive. Do they know?

    they have forward expenditure for extruders of over $10m stated in the preso.

    As revenue ramps up expenditure seems to ramp up at a greater pace.

    Many a good trade to be had here just don't fall in love with it.
 
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