Interesting point. Did Charles buy big to put a floor on the SP or did he do it because there’s good news coming. For all our sakes, let’s hope it’s the latter.
Killing time surfing the net, I found that electric scooters and bikes getting some traction in the press : https://www.bikesales.com.au/editorial?q=(And.Service.BikeSales._.Category.Electric.)#Category
Maybe the time for Two wheeled EVs is getting close. The only question remaining is whether VMT will ride the wave to shore or be dumped.
I was just recalling how we were all in tears about 6 years ago when SP was down to 1.1 cents pre-consolidation which is 11 cents in todays terms. Now we are at half that but 5.5 cents doesn’t sound nearly as bad as half a cent does it? Human nature is indeed a funny thing. Maybe it’s time for another morale boosting consolidation?
