CNN 6.25% 15.0¢ cardia bioplastics limited

fizzled out, page-16

  1. 34,916 Posts.
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    Guys I have to say I admire all the positive comments while the ship sinks further and further down. Are we in a state of denial here.

    Maybe we are in denal but I like to look at it this way. At .004c, the marketcap of this company is just over $6mill. If this company is indeed in a phase of turning cash positive then this is severely undervalued. If not, then, based on progress and announcements it still looks undervalued. Not one of my stock holdings has not been battered over the last couple of months. The current situation for CNN and many other stocks appears to be a result of econmic turmoil. Makes it a very tough time to hold the faith but history shows it's times like now where those with steely nerves that buy now, come out the biggest winners. Of course you still need to pick your stocks wisely and this investment technique is not for everyone.
 
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Currently unlisted public company.

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