Firstly, they are the only listed player who does this customer base. Flexirent does not.
It's not common industry practise. I don't know many providers who would do this.
They are a easy target. Is it a $50m problem? Geez it's hard to tell. Seems excessive.
I can also guarantee asic is looking into end of lease options and how they are being handled by the industry. It's mainly RR and Flexi who are doing the dodgy imo.
TGA Price at posting:
$1.28 Sentiment: None Disclosure: Not Held