The answer you probably don't want to hear (and I wish I worked this out earlier): Chris Noone fundamentally doesn't understand how to scale the business.
He has (and still) believed the company was supply constrained and put 95% of the effort into attracting new suppliers. Think of all the dressed up announcements "We are excited with this <insert supplier> as it will match growing demand" ... Despite demand has been flat for god knows how long; he always thought that supply would help jump demand.
Having 10,000 cars available on the marketplace will never attract 10,000 renters; on the other hand having 10,000 renters on the marketplace will attract suppliers. I don't believe Noone understands this at all. He thinks that if someone goes on DMC and supply isn't available they will never return; but you can incentive return (simple tactics: "Email me when available", "Couldn't find anything? Try next time and get $50 discount", etc).
- Forums
- ASX - By Stock
- Ann: Collaborate Investor Presentation July 2019
CL8
cl8 holdings limited
Add to My Watchlist
0.00%
!
1.3¢

The answer you probably don't want to hear (and I wish I worked...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.488M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CL8 (ASX) Chart |
Day chart unavailable
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online