CNN 6.25% 15.0¢ cardia bioplastics limited

EVERY Co. I've been in this year that consolidated has cost me...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 31,884 Posts.
    lightbulb Created with Sketch. 210
    EVERY Co. I've been in this year that consolidated has cost me heaps, and there's more than a few

    That's because most small cap companies use consolidation for a cycle of pump and dump, share issues, consolidate, pump and dump, share issues....there is no genuine attempt to create shareholder value...I would also not be a proponent of a consolidation if this were CNNs intention. Still to see the profitably figures of this merger entity but if it were to turn CNN profitable then you'd expect that no more share issue would be necessary after the merger and the share price would finally reflect true value and potential of this company.
 
watchlist Created with Sketch. Add CNN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.