The Geelong factory is busy and the numbers (total production, cost per wheel etc) are the best they have ever been. But they have a problem with debt. I understand they wouldn’t finalise a Mexican factory if Trump can be voted in two weeks later and put 100% tariffs on them as he stated. Carbon Revolution will be making wheels in the years ahead, but current equity holders might get wiped out by debt holders before then.
Does anyone know if this company is still operating?, page-3
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