CBR 0.00% 13.5¢ carbon revolution limited

News: CBR Carbon Revolution Says Will Undertake A Fully Underwritten $95M Equity Raising, page-4

  1. 1,857 Posts.
    lightbulb Created with Sketch. 101
    It will have a +ve impact but not for a while. If you are after a quick buck then you might be disappointed when the share trades again.

    The additional shares issued will dilute our current holding. Without this, there isn't enough capitol to fund the expansion of projects. Surely you knew that going in with only 15M in the bank in recent reports.

    Might need to take up the offer and keep pace with the share price to reduce your risk if you bought in too high expecting a qick win.

    IMO this stock is in a medium to long term play at the moment o get into the black in terms of cash flow. This can only happen with larger sales volumes with efficient production costs. Something we all hope the meg line will provide.

 
watchlist Created with Sketch. Add CBR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.