CBR 0.00% 13.5¢ carbon revolution limited

Ann: Approval of Scheme Meeting and Scheme Booklet, page-22

  1. 157 Posts.
    lightbulb Created with Sketch. 9
    Personal opinion, uncertain of its correctness.
    According to the CBR merger announcement, the merger price is around A$1.3. Literally interpreted, if you buy in at the current price of $0.13, your profit after the merger would be 900%. However, it's highly probable that the stock will drop by around 90% after the merger, going from $1.3 to $0.13. This means you wouldn't really gain or lose.
    Currently, TRCA's stock price is $10, and it's expected to drop by approximately -90% on the first day of trading after the merger, reaching around $1. The exact amount will depend on the final redemption rates, which is likely to be announced next week or the week after. You can check the timeline through the announcement.
 
watchlist Created with Sketch. Add CBR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.