CNN 6.25% 15.0¢ cardia bioplastics limited

Bit mischevious don't you think. Revenue is not down. It's...

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  1. 31,884 Posts.
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    Bit mischevious don't you think. Revenue is not down. It's actually up by about that percentage as the above revenue figure difference is a result of an R&D refund that was received early and booked into the previous year. The company's consolidated loss was down 14%. There were quite a number of new setup costs for expanded production growth requirements. Then I count at least 6 announcements made April onwards for which revenue can not expect to flow until this financial year in addition to the expanded production facilities. Clearly the company is now growing quite a bit more rapidly. 2013/2014 was a very constructive year.

    I notice you held a couple of weeks ago and now don't. Maybe in light of the above, you have lost the plot for selling out at such lows, without properly investigating the underlying circumstances of the above summary results.
 
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Currently unlisted public company.

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