Ann: Market update, page-10

Pretty disappointing announcement, though as many point out, it is not due to CBR operational progress etc.
That being said, the downgrade in sales is around 15-18% I believe, so todays share price drop is not overly surprising.
Then you have the $100m in new shares that just just hit the market, and some may have been expecting a very different sort of announcement.
So clearly some new holders are exiting (probably hoping to have traded for a quick profit etc).

Whilst these are short term issues, will we soon see other producers halting production?
I believe the shortage of chips is industry wide. So the question for me in the short term, is whether this is the last of the bad news?

As pointed out, FY2021 sales now directly affected, which means the coming reports are going to be below expectations, even if they are almost already in the past.

Share price has more than halved from just 5 months ago. hmmm..