Melbourne metro has been mentioned and according to the November investment release they had 2,000+ paying clients. It's anyones guess as to what that number has grown to but they need approx 27,000 clients to break-even.
The blue-sky scenario would be the signing of Uber which would take us to break-even although I know that this may be difficult and the DD may take a while. Either way at a $14M MC @ 10c (excluding performance options at 10K, 30K and 60K paying users) this seems like a great punt.
PZR Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
