1. Most Discussed
  2. Gainers & Losers
QHL 8.9¢

Newmarket and carbon revolution

  1. cocokat

    619 Posts.

    There's a lot in Google land about these guys but we are left in the dark as to why quickstep has linked up with one or both. Carbon revolution has received 5 mil grant from vic and fed government to build a new facility to manufacture their one piece carbon wheels and they plan to initially ramp up to 5000 a yr. They said in Sept 14 that they had a customer nearly signed up but nothing yet as far as i can see, there is a pic of an alfa beside one article if that means anything. Also a big alloy wheel manufacturer has put in 20 mil and back in September they were touting a share market listing. Newmarket only started up in 2010 and they specialize in lending to carbon focused companies and like to take a controlling interest in their target. Like the current political fiasco this will end badly if the leadership of quickstep take the shareholders for mugs. The days are over i believe when the shareholders will follow like sheep and let the directors do as they please. Hopefully the deal with newmarket is a good one for us and I'm sure whsp would have been consulted before going ahead but why leave the rest of the shareholders in an information vacuum? The sp has been punished because we are left wondering why newmarket has been given the opportunity to participate in a 25 mil option deal. Come on Tony Quick give the shareholders an explanation. Like the other Tony you need to do better.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.