CNN cardia bioplastics limited
Add to My Watchlist 6.25% ! 15.0¢

this company can't make its resins for less then it is selling...

  1. NTaylor
    2,593 Posts.
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    03/02/12
    09:04
    Post #: 9638646

    this company can't make its resins for less then it is selling them for.

    cost of production exceeds the value of sales hence the need for a cap raising.

    I would be careful about extracting any future values based on contracts while the initial in balance persists.

    CNN Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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