PRG 0.00% $1.03 prl global ltd

The Board advises that with effect from the 15th July 2008 it...

  1. 93 Posts.
    The Board advises that with effect from the 15th July 2008 it has negotiated significant
    CNF price increases with its major customers in the range of 85 % to 95% above
    current CNF prices.
    The actual net price obtained for each shipment will remain subject to fluctuations due to
    variable shipping costs incurred and variations in the grade and moisture specifications of
    the product.

    so what does all this mean for the company? what does CNF stand for? I take it as good as they are going to nearly double their revenue for the next year :)
 
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