I think it may due to the time value and uncertainty of money. The price is a bargain but there is massive uncertainty to when CBR's suppliers will be back to normal production. I think this whole ordeal increase's investors investment timeframe to get meaningful returns from cbr. And I think people are pulling out because they would rather put their money into an equity that has better potential in the short term. I don't see the price moving above 1.30 in the next 6-12months but once their business is back on track I see these investors piling back into the story. Long story short, hold and well be the ones reaping the most in the long term from this
CBR Price at posting:
$1.03 Sentiment: Buy Disclosure: Held