Being completely honest I get the feeling for this company to hit CF+ we need a takeover or 2 large deals.
Delving into the first scenario; from a global perspective Turo seem to be one of the biggest players, they also appear to be looking to grow aggressively on the international front. Access to funds also seems to be far more available to US companies than Australian. The US$ s also far superior to the Aus$ and now makes CL8 so very cheap for them, it also gives them a working business and additional partners to leverage. The fact we have multiple business streams to Drivemycar now surely makes DMC an interesting proposition for Turo should they wish to enter the Aus market in 2019.
Beyond a Turo, other scenarios could be Inchcape Aus or AHG.
Either way a bid of 3.0+ and I'd be interested, sad because it was 4.8c last year, but true.
Any other takeover scenarios worth discussing?
Being completely honest I get the feeling for this company to...
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