On a positive note Motley Fool just gave CBR a good rap - "3 small cap ASX shares to put on your watchlist right now. Carbon Revolution Ltd (ASX: CBR)Carbon Revolution is a $370 million advanced manufacturing company that designs, manufactures, and markets single piece carbon fibre wheels for motor vehicles. By being able to manufacture wheels in this way, the company is able to reduce the weight of them significantly. This is a big positive as management estimates that these weight savings can result in up to 40% reductions in inertia. This is really significant for car companies, which are always looking to make their vehicles more efficient. Carbon Revolution counts the likes of Ford and Ferrari as customers. I believe this is a testament to the quality of its products".
CBR Price at posting:
$2.88 Sentiment: Buy Disclosure: Held
