On page 17, where MTO comments at bottom in a small font that its metropolitan outlets are 'road bike focused' (with a smaller percentage drop in sales of 10 per cent for this category against a 25 per cent decline for the whole motorbike market), I assume this type of (public road use) motorbike is typically far more expensive than a 'dirt bike' that young adults might use off-road.
Inventories have massively increased. Understandable in light of previous huge delivery delays from manufacturers. Does such stock rapidly date or would Directors know how to minimise the chance of this occurring?
Ann: MTO FY23 Interim Results Presentation, page-3
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Last
$1.63 |
Change
0.010(0.62%) |
Mkt cap ! $120.3M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.63 | $1.61 | $11.35K | 7.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5168 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 19999 | 1 |
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