Well here goes and I really think it possible,this is all about the options and buying a mill at .003cents
Now you have to look at Cardia plastic as a cutting edge company, with a product that replaces fossil fuels in plastics with a renewable option. And the growth potential is enormous.
Where talking about a company only worth 13 mil that has a confidential signed contract with Nestle
Now I base my 3 grand into 92 grand by this analysis back up report on an earlier valuation.
This update was done on Aug 30 with full knowledge of the options and shares on offer/
We continue to recommend Cardia Bioplastics Limited as a Speculative Buy, suitable for long-term risk-tolerant investors. At A$0.011, the stock is trading at the low end of its 52-week range, and at a significant discount to our derivation of the intrinsic value (see eResearch?s October 28, 2010 Update Report, available at www.eresearch.ca). Our 12-month Target Price for the stock remains A$0.065. With recent milestones attained, we are at a loss to explain the stuttering stock price.
Tc's explantion the market its crap and ha coughed up a beauty.
Now when you you look at a company that has doubled production in China. A Malaysian investor has built a 5 mil
US factory CNN put in $150,000 for a 49% share you have to ask yourself why.
Now I ask you as I am not doing everthing for you google cardia Bioplast have a look at the awards and partners and you have to ask yourself why the MC is 13 mil.
Now they have agents on every continent and bio plastics growth is huge.
Companies dealing with CNN is a whose who of multinationals look them up well worth it.
I base my 92 on a 1.5 cent conversion after buying at .003
along with a piggy back option. When the 1.5 cent options are coverted a free 2 cent piggy back option is given to the converter.
Well here goes and I really think it possible,this is all about...
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