Operating leases are mostly on plant and equipment and tried to cover that by saying - above is also true not just for vehicles but any good (office furniture, plant and equipment etc) being leased out really.
I agree with you though that ecx is exposed to that too.
If I was summarise the post above. I would say, the company is in trouble due to cyclical softening of the market exacerbated by ill time M&A of R2D and dropping the ball in integration of Grays. Further it let SH down by MMS etc merger expectation. A nasty place to be in ATM....
ECX Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)