According to my calculations the fleet has now grown to 486 vehicles (Getting close to 500) , with those leased out being 367.
(Syd 294, Melb 140, Brisb 52)
This represents a utilisation rate of 75.5% , which has fallen by about 5% from last month.
It could explain why the company does not appear to have any current plans to finance the purchase of any additional vehicles.
Could also be a seasonal factor now that we are approaching winter.
Nevertheless it is good to see the fleet continuing to grow in size.
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- Ann: March 2024 Quarterly Activities Report and Appendix 4C
According to my calculations the fleet has now grown to 486...
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