Ann: Appendix 4C - September 2016 Quarterly Report-CL8.AX, page-14

Delving further into the NRDR forward projections:-

To obtain 'vanilla' DMC we would have to do 11713-1192 which would give us 10521NRDR which in itself is impressive as I thought the cannibalisation of vehicles may have been worse.


The real kicker this coming qtr:-

-Is the seasonal surge in 'vanilla DMC' which could reach 12000 based on last years surge in demand

-Rideshare rentals, again the assumption is about 1000NRDR in Oct. The team appears to be able to consistently secure new vehicles, and we know demand is still outperforming supply, I would be looking conservatively for 1350Nov and 1650 Dec, however anything can happen in this space.

Based on those assumptions that would equate to 15000NRDR for Dec Qtr