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0.00% 13.5¢ carbon revolution limited

IPO - Carbon Revolution Limited, page-85

  1. TwoTwoZero
    92 Posts.
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    04/12/19
    23:21
    Post #: 41800605
    Wasn't trying to compare CBR to a retailer, just driving home the point on negative gross profits.

    And are you sure they've stated a plan to achieve positive FY20 EBITDA? Page 83 of their prospectus shows them forecasting -$8.3m EBITDA, with only $200k in gross profit for FY20.
    CBR Price at posting: $3.81 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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