Worth keeping an eye on the trading of Twin Ridge shares (ticker TRCA). 139,247 shares traded overnight at around $10.5 or $1.46M USD. There is still $64.4M USD in the SPAC account. If CBR can execute on their production targets it’s hard to see this not getting revalued from its current market cap of $30M AUD ($19.5M USD) despite any dilution. Too many big brands reliant on these guys to let it fail. All IMO and DYOR
CBR Price at posting:
14.0¢ Sentiment: None Disclosure: Held
