Ann: Signing of merger agreement documents, page-108

Everyone is entitled to their view but this story is far from over Sushi. AUD9m federal funding to hit CBR’s accounts this week. Management are working this through. NTA will be circa 0.38. I’m a buyer at this price, as will a lot of the current sellers probably be?? after they drag the price down enough. There is still a lot of pivotal price movers with this stock.

1. federal funding hitting accounts
2. Bridging finance confirmed
3. SUV program announcement
4. semiconductor supply chain easing
5. new programs?
6. Positive updates on SPAC

This isn’t a blue-chip and one’s risk threshold needs to be viewed here but this is an ongoing viable entity and is worth a lot more that current MC AUD22m.

This wheel technology has a lot of tail winds and no real
competition at this stage. Obviously needs cash and is two years behind their original business plan due to COVID induced supply chain stress but if it survives - and I think it will - lots
of positives.