CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Shareholder Update , page-6

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  1. 31,884 Posts.
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    Do we think maybe we should have had this great run of announcements first then Initiated a capital raising so we would have diluted a little less at a higher buy in?

    Well that depends if there are a great run of announcements to follow. If not, then the interest would have petered out and we're back to where we were. I doubt the placement is going to be successful in any way currently. My guess is they will extend the final date for applications.
 
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