Ann: 2023 AGM Presentation, page-17

NTD were not proposing to buy/sell the Dunlop brand or the stores, but merely do the wholosale distribution of those tyres in the ANZ market leveraging their existing warehouses and distribution network.

This would mean they could apply operating leverage to their existing footprint and earn a margin for doing that....they would not be responsible for whether Dunlop the brand made/lost money in ANZ (although I suspect they would have to carefully manage their working capital/inventory to ensure that they don't end up with excess unsold stock.....but again this is NTD attempting to make a margin for providing a service rather than being responsible for selling dunlop tyres)