My knowledge is that a ramp up of sms correspondence has increased in circa 12-months for persons behind in payments. More-obtrusive forms have died off.
My question to the forum is: why would a non-intrusive form of reminder; one with no material cost to government (in whatever form, in particular), or other provider (be it utility provider or otherwise), merit CCR NOT making $$$ in this market? And these service providers cannot simply make their own. It isn’t that simple.
CCR’s technology is impressive. And it fits within the realm of what government-type institutions WANT and MUST outsource.
I believe the current price action has more to do with general market opinion, and less to do with the stock - it is quite simply too small and less compelling at this stage.
My opinion is that there is no plausible argument or alternative service, which would make CCR anything but a winner in this business over the medium/long term. Short term, eh... who knows. Better off gambling black at the casino.
My take is that I would buy this business, if it weren’t listed on the ASX. And I feel in time, its true will eventuate.
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Mkt cap ! $110.6M |
Open | High | Low | Value | Volume |
25.0¢ | 26.5¢ | 24.0¢ | $55.19K | 219.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 72000 | 23.5¢ |
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Price($) | Vol. | No. |
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26.5¢ | 59999 | 1 |
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No. | Vol. | Price($) |
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2 | 72000 | 0.235 |
4 | 113113 | 0.230 |
2 | 145363 | 0.220 |
1 | 50000 | 0.215 |
1 | 9523 | 0.210 |
Price($) | Vol. | No. |
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0.265 | 59999 | 1 |
0.270 | 4000 | 1 |
0.275 | 297770 | 3 |
0.280 | 67857 | 2 |
0.285 | 14707 | 1 |
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Change
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