CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Cardia Startegic Review of Manufacturing Operations, page-4

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  1. 6,201 Posts.
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    A better business model I think if they can pull it off esp considering the margins in manufacture of the bags.

    I wonder if the closing of the Brazil plant is because they couldn't find an underwriter for a further CR. At least I hope this announcement means the foreshadowed further raise is off the table or rather with these guys delayed.
 
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