CNN 6.25% 15.0¢ cardia bioplastics limited

I like your enthusiasm , but after following this stock for many...

  1. 689 Posts.
    I like your enthusiasm , but after following this stock for many years , don't expect anything. When and if it happens then celebrate. We have said it before , but this is a make or break period for CNN , runs on the board is what will count and as Pear has outlined we need many runs to tick over the stock. It will be interesting to see how many and at what price the placement is done. If they acheive closer to market price and less shares then it will be positive , because they are backing the share to go higher. There is no reason to do 10mil if they only need 5 mil for example and then raise more if required after a successful sales period. That is what I would do to preserve the number of shares on issue.

    Lets see where it all goes , because they have a titanic task to make this work.

    cheers
 
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