A very good post in general but I think you largely focus on is Novated Lease which is small compared to Operating Lease.
Operating lease is where ECX also exposed to residual value risk. The client leases the cars over a period of time. After the lease finished, the vehicle is returned to ECX to be sold through auction. If the vehicle sold less than the RV, ECX will make a loss.
Ann: Trading Update, Merger Update and Transformation Plan, page-57
-
- There are more pages in this discussion • 104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.24 |
Change
0.070(2.21%) |
Mkt cap ! $775.3M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.26 | $3.20 | $352.3K | 108.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1028 | $3.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.24 | 2179 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FPR (ASX) Chart |