CNN cardia bioplastics limited

Ann: Trading Halt, page-7

  1. 1,775 Posts.
    Hi Trees.

    With the delivery last month of 6 more machines and lines to be installed, in the new factory on top
    of the lines already running, maybe the factory floor is nearly all taken up, and they may need to
    expand that plant or build another.
    The sales must be bringing in the money, because I noticed in the Qty they still had the money $2.7 Mill
    from the c/r, I am quite certain that CNN will get a rerate in the last quarter of this year.

    All looks good.

    Cheers.
    Simmo.
 
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