peopleon'lowsalaries'arenotdisadvantagedhavingaNovatedLease.ifyouareanInvestorperhapslearnaboutitatadmoreasitwillonlygiveyouabetterunderstanding.Ihaveworkedforthecompanynowfornearly8yearsdirectlyinNL...soIguessIcanmakethatstatement.""….a tad more......"" Very pertinent comment ctinvest!
I agree, however, as a former industry employee, and lot's time at MMS some years ago; I'm biased!
The interesting fact regarding Novated Leases,being that most lower income people had greater tax savings (income and GST) as a % of their income, relative to those fortunate to be on higher incomes buying more expensive cars!
Thanks also to "utsstudent" above for bringing Roger Montgomery's report of 2 March to light again. An aspect to consider being that the car sales industry has changed substantially.
Cheers
Ex
why the sell down?, page-22
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Last
$15.16 |
Change
0.140(0.93%) |
Mkt cap ! $1.055B | |||
| Open | High | Low | Value | Volume |
| $15.03 | $15.34 | $15.03 | $3.363M | 221.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 994 | $15.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.23 | 1378 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MMS (ASX) Chart |