Don't forget the Ferrari contract currently in production and the upcoming Mustang contract later this year; which will mean 4 big contracts in concurrent production later this year. There is an unnamed EV contract that has been awarded too, but whether or not the company will survive until that happens, is anyone's bet. And that is reflected in the share price.
The pandemic and microchip shortages really screwed CBR; Chevy can't build enough Z06s to meet demand, Ford couldn't build enough GT500s to meet demand and this Range Rover contract was pushed back.
Exciting company and tech, baaaad timing for an IPO. Still undecided if management are to blame too, or if this is squarely on market circumstances.
CBR Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
