In FY2019, ntd incurred rent expenses of $4.1 million. Given the overlap with Types4U in terms of locations, I imagine there are material cost savings in combining warehouses in many locations. You would imagine there would be at least a $1-2 million cost saving in rent alone.
The advantages of scale...
Ann: Completion of Tyres4U Acquisition in Australia and NZ, page-5
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.21M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 13573 | 1 |
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