your surely not really saying that once everyone has got a bike in a particular place then that’s curtains for the bike industry in that market.
we are predominantly in the B2B market. Once we establish a customer base in that market we will have a recurring income stream.
The commercial operators can’t afford breakdown time so will most likely replace the bikes when they are a year or two old and still have appeal to the consumer market that isn’t flush enough with cash for a new bike.
Ann: Market Update, page-18
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