Hi Goodie, exactly.
Why capital raise to build more machines when WaaS hasn’t been proven as a economical business model yet.
What are they going to charge and profit from each build?
Then take out-
3 wagers for operators for 24 hours
Workers comp
Public risk
Holydays
Administration fees
Shed and office rental
Rego, ins and running costs for forklift and HX
Float fees for fork
Maintenance and repair for HX and fork
GST
BAS
License fees
Brick supply and delivery
Glue lol
What are they going to charge for laying $5,000 to $7000 thousand 2 day build time? They've got to remain competitive with regular bricklayers.
Not much left over for profit when you consider the above.
Ann: Trading Halt, page-57
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