re: Ann: Polyden to launch Biopackaging films... A similar...

re: Ann: Polyden to launch Biopackaging films... A similar announcement in May (Wipak) was price sensitive and yet earlier announcements were not.

If you are prepared lodge an online request with ASX to explain the difference between the above two, you may find out. Perhaps they have been advised that a release it should only be classified price sensitive when sales are announced - this is certainly the way the market appears to work at the moment - fundamentals like this no longer appear to have legs until the $$'s start to roll in.

Anyway, its a good opportunity to continue to throw some loose change in whenever possible at these prices.

It cannot be denied that the following statement from the release adds to the expectation that 2012 will be a very exciting growth year in terms of revenue:

"Cardia expects the above collaborations and other development projects outside of Europe to contribute to Cardia’s overall anticipated sales growth commencing in 2012."