the thing is, does Next Capital get the benefits from this overreach by the ACCC and its NZ counterpart? I mean six months ago would have been a brilliant time to sell a lot of motorhomes but I'm just not sure at the moment because of the high fuel prices, and the buyer being private equity rings the alarm that they (ATL) are not getting great value!!
Why overreach?...I mean it's not as though that the barriers to entry to this business are that huge.... even if they did have an oligopoly in a segment of the market, there could easily be more nimble competitors come in! Speaking of which, Mr juicy seems to have grown fairly quickly!!
It seems like a large amount of divestments but I guess it's just a lot of the larger motorhomes, plus that one brand.
ATL Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
