I understand their strategy but it lacks insufficient information to formulate an investment at this stage imo.
What is the cost of the micro hub? When are they expecting it to be built? How many are they expecting to build? 10s? 1000s? If this is the future, then why will their first micro hub only utilise 25% of the space? What are the expected revenue? Margins? Profitability?
FMG might have had a different strategy but it's still insightful to the overall health/demand for the sector.
Selling the odd garbage truck or bus is not sufficient. I hope they end up selling thousands but again I would like to see a proper cost breakdown & what is required for say, cashflow positive?
For now, it's just window dressing.
I understand their strategy but it lacks insufficient...
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