cardia- new era

Nice to see a rise in the SP today.
With cash backing at around 2.6 cents and the official approval yesterday of the biograde merger I think we may see some exciting times ahead.
No doubt biograde is in the right market and not that long ago they were going to try and list IPO at .30 cents.

Far cry at present from that price and now that sales appear to be building they certainly have everything in place in regard to offices and manufacturing in China.
I hope for all long term holders like myself we may see some slow and steady SP increase.
I don't think a great deal of the share issue to the original bigrade crew will come on to market at current prices and would expect some support if anything at current price. With the current market hurting so bad it may take a while to reach true potential given any significant contract win for biograde. Lets hope the news from PV will flow a bit more to the ASX this time around in regard to Biograde developments.

Can PV and crew can pull it of this time.
In 12 months we may all have a very big smile on our face.
After research I now feel very good about the biograde deal.