CNN 6.25% 15.0¢ cardia bioplastics limited

cr and doing the sums, page-13

  1. 12,607 Posts.
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    jessie

    1.3 billion shares on issue

    15% can be added without our approval: 195 million shares

    say at a discount (hopefully only) 0.8 c: A$ 1,500,000

    mmmmmmmmm small fry for SI

    not that much money - but maybe sufficient if they are confident of ongoing sales contracts

    So looking at 1,6 billion share company

    Surely time for a SC at some point soon?
 
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Currently unlisted public company.

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