Absurd. If GSW is the incumbent then what are Fedex/MenuLog for?
GSW is trying to take market share away from these heavily entrenched players and prove to businesses that rather than using these third party services they should take control of their own delivery by using the GSW suite of software the automate their delivery. Thereby maintaining their client experience and reduce costs. At its core it is betting on a fundamental change from sheer convenience for the business using 3PL to an essential part of an omnichanel experience consumers will come to expect from brands they engage with. It's going to take time.
Im always blown away how little non-holders think investors know about this company. Lemmings throwing our money away because we are so naive.
IMO, DYOR
MJ
GSW Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held