I would be very surprised if CBR stopped having a presence in Australia. Just because a company offshore's more of its production, does not mean it will or wants to be based elsewhere. I do think that the U.S is, for better or worse, the epicenter of high spec cars. So logically, having a bigger presence in North America makes sense. Mexico makes sense too, in regards to a much larger production facility and the benefits of economies of scale. @Crusaders95 - agree about risk reward. The recent jump in the share price was very interesting. The $30m mentioned as potentially needed, may well have been sorted. If so, I struggle to understand why the market is so negative on CBR. The SPAC deal likely scared off a few major insto's that are not able to hold the stock once merged, hence the sell off. @abeaty - agree, but I can understand the frustration of many holders. I have been holding for a decade now.....
CBR Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held