RCL 2.47% 8.3¢ readcloud limited

Investors need to relax. I have a minimum 3 year hold on...

  1. 591 Posts.
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    Investors need to relax. I have a minimum 3 year hold on this.

    COSAMP cross selling is the opportunity first, then the VET space as a bonus. The hardest part is getting into a school, once you are used in one area the adoption is far easier. COSAMP provides this.

    Really think about a school its not the same a multinational changing a SaaS provider. The selling cycle is going to be slow anyway, but the slowest part of that is entry to the school in the first place. But that is just the start of the selling journey.

    A COSAMP student needs to mention how much they like RCL to another department teacher, who needs to get the idea past a department head who sees no reason not to use textbooks, and I could go on. There are obstacles, but if the tech really works as it appears, these obstacles will fade with adoption and demographic changes. They have the potential to be ubiquitous wth textbooks and we are on the start of the runway.

    Give it a few months to take off.

    IMO, DYOR

    MJ
 
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