Interesting article from only April this year illustrating how DMC $179 per week is undercutting these clowns by a mile
http://www.smh.com.au/business/inno...rs-take-turns-using-cars-20160419-goa0ip.html
I have high hopes options will be in the money. Based on 50,000 current uber drivers, legalisation and high turnover DMC can easily add 1,000 cars by March using uber alone as long as they shore up supply. Maybe 2-3k within 12 months
Thanks uber in advance for making us cash flow positive, once the supply deal frenzy settles down other verticals will get more attention.
Re options though - primary benefit right is is hedge. Hard to know if March will still be wallowing at 2c, or rersted to 5-7c, I couldn't give s shot really, if shares are under 2c in March I will 'convert' by just buying heads
