CNN cardia bioplastics limited

Come on, this is a fantastic announcement.Sealed Air is a U.S....

  1. 34,916 Posts.
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    Come on, this is a fantastic announcement.

    Sealed Air is a U.S. packaging leader generating revenue of $8.1 billion in 2011 with approximately 26,300 employees, serving customers in 175 countries.

    This is quantity we're talking about. And they made the effort to say this too:

    the Directors of Cardia Bioplastics consider that the supply will materially contribute to Cardia’s sales
    revenues.


    Regular deals and partnerships being announced now. Appears to be only a matter of time before they start making profits and it moves well beyond it's very low marketcap of less than $10mill. On a PE of 20 (reasonable for a growing company) a marektcap of $10mill is supported by a profit of just $500K.
 
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Currently unlisted public company.

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