Guess the question is how big will the loss be it will be mitigated by the 5 million refund for its r+ d. but offset by the 2000 wheels still semi finished. and not being able to be sold. Even the savings by their cost reduction measures will not be seen till the end of qtr 3 calender 2020.!!! The key metric will be the nos of wheels produced and its sales and inventory on hand !!!! The audit report will be interesting as well
CBR Price at posting:
$1.50 Sentiment: None Disclosure: Not Held