CNN cardia bioplastics limited

Hi All,Checking...

  1. 524 Posts.
    Hi All,

    Checking here,

    http://www.otcqx.com/qx/market/quote?symbol=cdrby

    Would it be fair to say that the ASX: CNN is undervalued compared to the OTCQX listed price ?

    My calc is; (please correct me if Im wrong !!):

    $6.82 / 500 parcel = 0.01364

    So - not even taking into consideration the conversion rates for $AUS/$US (and we did take a bit hit last night against the greenback !!) - it would seem we should at least be at 0.013 ??
 
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