Forget the China Virus and even the SP drop in recent days. The CR moneys were negotiated well prior to recent crashings. (boy they'll be pissed)
The CBR business model does not stack up for so many reasons heck the company has even come out and stated that they won't meet cashflow positive for some time. (they never will). So negative to your ball being hit out of the park. To require such a large CR so soon after listing is very poor performance and the future is very bleak. 123richards, do you seriously believe that this company can become profitable within their current financial arrangements from making carbon fibre wheels? Think about it.
Cheers
CBR Price at posting:
88.0¢ Sentiment: None Disclosure: Not Held