CL8 0.00% 1.1¢ carly holdings limited

CL8 - Agreement With UBER!!!!, page-116

  1. 242 Posts.
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    Agree SmoothTrax.

    However, some of those providers provide finance for car purchase.
    I
    am not sure how long the Uber Markerplace has been up and running and also how many vehicles the other rental cos have on their books.

    But with the growth in Uber here in Australia, this deal provides growing source of demand for DMC. As we know DMC has a rapidly growing supply of cars and now what we are seeing is the demand side being constructed rather than just relying on word of mouth and Internet searches to generate demand.

    The bottom line still remains as to whether the revenue can grow sufficiently to reach break even in the near future.
    The new LT funding deal when announced will provide further impetus to the group and hopefully the share price.
 
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