The big picture.The new factory is only required when the old...

The big picture.

The new factory is only required when the old factory is bursting at the seams pumping out lots of parts and products and circa 150,000 assembled bikes a year. That is 300,000 equivalent completed units. At that time it will be earning conservatively $300 /unit equivalent which is $90m /year. If it takes 4 years to get there they will have circa $200m in cash which is a more than adequate amount to eliminate any concerns you might have.

In the lead up to that, if it looks like taking a while, the spare space will also be leased out to store someone else's inventory.

Good to see Ukraine getting the upper hand, Israel agreeing to a peace plan and the RBA talking about delaying dropping rates rather than putting them up.

Just need a bit of consumer confidence to kick the sales.