NTD 3.45% 42.0¢ ntaw holdings limited

Are fewer kilometres being travelled by many private passenger...

  1. 10,543 Posts.
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    Are fewer kilometres being travelled by many private passenger vehicles (as those in office jobs at least partly work from home) and hence tyres lasting longer a major reason why the NTD SP has declined to around A$1.00?

    Or is it fear of a recession and consequent brakes on leisure travelling, and business use, despite the massive amount of additional savings many affluent Australians 'put away' during the past 27 COVID-19 months?
 
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