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
- CL8
- Ann: Collaborate Investor Presentation July 2019
Ann: Collaborate Investor Presentation July 2019, page-64
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CL8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $3.757M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $64 | 4.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37452 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37452 | 0.013 |
1 | 200000 | 0.012 |
3 | 243750 | 0.010 |
1 | 120000 | 0.008 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 2000 | 1 |
0.015 | 150000 | 1 |
0.018 | 1324568 | 3 |
0.019 | 555399 | 3 |
0.020 | 1798408 | 3 |
Last trade - 12.32pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
1.5¢ |
  |
Change
0.001 ( 15.4 %) |
|||
Open | High | Low | Volume | ||
1.5¢ | 1.5¢ | 1.5¢ | 3092 | ||
Last updated 12.32pm 14/06/2024 ? |
Featured News
CL8 (ASX) Chart |