Agreed the $1 valuations are dreaming. These are based on the nominal valuation of MergeCo shares of $10. I expect we will see them trade in fact around $1, so adding no actual value in the first instance.
I am however still sufficiently optimistic on the long term success of Carbon Revolution that I bought some more at 12.5c. We'll see how deluded I am later...
CBR Price at posting:
12.3¢ Sentiment: Hold Disclosure: Held