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Ann: 2019 Half Year Results Presentation, page-118

  1. airconditioner
    1,658 Posts.
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    30/08/19
    17:30
    Post #: 40250511

    Are you perhaps ignoring the individual state taxation systems of the USA (not federal which is CY)?

    "Forty-six of the fifty states set their fiscal year to end on 30 June"
    https://en.wikipedia.org/wiki/Fiscal_year#United_States

    I think you can probably look at things like Californian state EV subsidies, taxes and rebates etc as being the driver for that end of fiscal year spike,
    just as @Dancing originally posted.
    GXY Price at posting: $1.16 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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