PCK 3.57% 2.9¢ painchek ltd

This is a smart way to get in front of more RACs as you expect...

  1. 1,268 Posts.
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    This is a smart way to get in front of more RACs as you expect Leecare to share some insights on best practice with its customers. I am happy to forgo some revenue if it accelerates the takeup.

    The one thing which really bugs me with PCK is the way they construct their announcements:
    - what are the commercial terms? Is that an upfront ‘referral’ fee? Or an ongoing cut on revenue? Etc
    - is Leecare expected to do any type of promotion or are they just committing to the integration of PCK to their existing software? You would think that they’d want to recoup cost and make money out of this commercial agreement.
    - why not give us a proper spill on the size of Leecare which seems to be a reasonable player?

    Hopefully they can improve their communication to the market moving forward.

    I have no doubt this is still a very risky play, but happy to hold and accumulate as they tick milestone after milestones
    Last edited by bz847: 03/10/18
 
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