well thats an interesting question isnt it. Berger no its not the directors fault that the virus has happened and yes other shares have fallen thats not the point. irrespective of the virus why did they have to go to the mkt so soon after the ipo. ???? The business is inherently umprofitable and it cannot make a profit regardless of the underlying market conditions. and only kept alive by constant capital raisings throughout its trading history. look at its history and the money it has burnt its up to around 150 mill pre ipo 90 mill ipo amd now another 25 mill and it is still making trading losses now and into the future
CBR Price at posting:
87.0¢ Sentiment: None Disclosure: Not Held