June 24 (Reuters) - MotorCycle Holdings Ltd MTO.AX :
* SEES FY UNDERLYING EBITDA OF $24 MILLION TO $27 MILLION
* STILL EXPECTS TO RECOGNISE AN IMPAIRMENT CHARGE IN RANGE OF $22 MILLION TO $28 MILLION IN ITS FULL YEAR ACCOUNTS
* CASH ON HAND FORECAST TO EXCEED $30 MILLION AT 30 JUNE 2020
* MAY TRADING IMPROVED WITH NUMBER OF MOTORCYCLES SOLD SUBSTANTIALLY EXCEEDING NORMAL LEVELS
* STRONG LEVELS OF MOTORCYCLE SALES HAVE CONTINUED INTO JUNE