CAB cabcharge australia limited

ive started accumulating below $2, I don't care what anyone here...

  1. 11,128 Posts.
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    ive started accumulating below $2, I don't care what anyone here says, I think below is a good LT buy, I have my own reasons why I think so, as do 2 directors who have recently been buying under $2.
    With the eftpos fee now 5% FOR EVERYONE including the other eftpos terminal operators like go catch and ingogo, this will be a level playing field.
    Remember, the other eftpos terminal operators got cab drivers to use them because they paid the driver 5% fee on their fares, if the cap is 5% TOTAL on fees, how will these companies make a profit?
    because cabcharge don't give their drivers any cut of the fare.
    So during the next few yrs, the eftpos competition that cabcharge faces I think will disappear.
    London banning uber is a good sign too, maybe Sydney is next?
 
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