CBR carbon revolution limited

Does anyone know if this company is still operating?, page-22

  1. 293 Posts.
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    Yes, this $25M is at most enough to sustain them for six months. I don’t think CBR can achieve profitability within these six months—it’s not realistic. The latest financial report was as of March this year, and now it’s already late December. I have no idea what has happened to the company over these nine months (which is also the main reason I haven’t continued top up).

    I think a possible scenario could be pushing the share price up to $110 within these six months (which is OIC’s cost price, corresponding to a market cap of around $200M), followed by a 25% capital raise (about $50M). They might really adopt the strategy I mentioned earlier (referencing QUBT or NUKK), using positive announcements to boost the share price—possibly tied to the launch of the electric Range Rover early next year. This could drive the share price to around $200, then gradually decline, eventually stabilizing at $110 for the capital raise.

    All of this is just my speculation, but CBR currently doesn’t have many options.
    Last edited by sushisushi09: 24/12/24
 
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Currently unlisted public company.

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