"Cabit Taxicabs is one of Melbourne’s largest taxi companies which was formed earlier this year when a number of taxi owners combined their fleets recognising the need to achieve efficiencies in the face of the regulatory changes in Victoria." from today's SMP announcement. I reckon there will be more consolidation and is a negative and a positive for CAB.... should of held my shorts another rookie mistake....
CAB Price at posting:
$4.19 Sentiment: None Disclosure: Not Held