This from yesterday:
https://www.carbonrev.com/news/50k-wheels
There's plenty of good news in the puff piece above. The following is copy/pasted from another post:
Detailed design and engineering agreements for two new programs were entered during the quarter which included one premium EV SUV program. These two new agreements are in addition to the four programs that underpin the Phase 1 Mega-line investment.
The long-term sales outlook and pipeline of new programs is now very strong, with a record level of 15 active programs – 8 awarded and 7 in the detailed design and engineering phase. Of these 15 active programs, 4 are electric vehicles. The four programs that underpin the Mega-line investment are progressing well – with formal program award for two of the four programs expected in the near term.
Due to the two paragraphs above, I remain fairly bull. No point constantly running to the defense of CBR. One day (soon, I hope) the new programs will be announced and the share price will not be where it is today. If you're holding, my advice is just sit tight. If you're not/are bear on the company, come back here in about two years and we will see who got it right.
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Ann: H1 FY22 Half Year Results - Investor Presentation, page-7
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