Australia's largest stock trading and investment forum Australia's #1 stock forum

RCL

Click for more information

1.64%

6.0¢ readcloud limited

There is the ebook interaction thing. Eg. teachers can make...

First 5 Last

Share
Profile

Follow
danbradster

5,719 Posts.

1401

17/05/24

10:40

Post #: 73873428
Share

Originally posted by Barooona: ↑

very tricky one... im interested but still undecided.

seems like their ebook revenue source doesnt really have competitive advantages as margin goes down.

VET is where they make money but then, why bother with the ebook in the first place.

problem with digital book is it is actually costly compared to the hard copy. student could purchase second hand book for half the original price and resell for potentially the same price, which makes it 0 cost assuming you take care of the book.

also studying with hardcopy makes it easier to remember according to research.

Expand

There is the ebook interaction thing. Eg. teachers can make markings on pages, check that reading was completed and so on.

AI tutoring is an interesting thing evolving right now. There could be some challenges ahead? But I guess schools won't change track too quickly, and it would not be a quick challenge like losing a supplier or large contract.

RCL Price at posting: 6.2¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

First 5 Last

Add RCL (ASX) to my watchlist

(20min delay)
Last 6.0¢		Change -0.001(1.64%)		Mkt cap ! $8.772M

Open	High	Low	Value	Volume
6.1¢	6.1¢	6.0¢	$1.26K	20.92K

Buyers (Bids)

No.	Vol.	Price($)
2	57413	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	5000	1

View Market Depth

No.	Vol.	Price($)
2	57413	0.060
1	200000	0.050
1	300000	0.048
1	50000	0.039
1	2000	0.032

Price($)	Vol.	No.
0.061	5000	1
0.063	16326	1
0.065	89428	1
0.068	2500	1
0.069	50000	1

Last trade - 15.51pm 06/06/2024 (20 minute delay)

RCL (ASX) Chart