CNN 6.25% 15.0¢ cardia bioplastics limited

It's not really a merger, shareholders only end up with 42% of...

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  1. 31,884 Posts.
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    It's not really a merger, shareholders only end up with 42% of the merged group, the Stellar Group take effective control with 58%. So the question is really about the quality of Stellar management. On the surface contacts throughout 21 countries looks positive but $21mill revenue, we'd have to see what the breakdown of the figures are. The synergies look good though.
 
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