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0.00% 13.5¢ carbon revolution limited

IPO - Carbon Revolution Limited, page-186

  1. Nige456
    4,567 Posts.
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    02/01/20
    16:03
    Post #: 42197199
    yep hardly any volumes expected for SUV as they are offroad vehicles , not ideal for carbon.
    so in absence of major new volume deals, which mostly already announced before IPO, this is one of the most overvalued stocks on the ASX at $500M+ market valuation and a negative gross profit margin.
    Last edited by Nige456: 02/01/20
    CBR Price at posting: $3.98 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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