further to my original post. Here’s a more robust thesis on why...

further to my original post. Here’s a more robust thesis on why this company is a diamond in the rough.

Whilst companies like Uber have destroyed the taxi industry, namely its margins, they are struggling to sustain their own disruption. Last quarter they lost $5bn globally. Compare this to the margins of P2P.

Ultimately companies like under are going to have to put their prices back up. Intact the new “Uber comfort” offer is an example of this. When they do this, traditional taxi companies will suddenly be prices competitive again. Meanwhile taxis still hold 90% of the consumer transport market in Australia.

so, this leaves me to a conclusion that the taxi industry is going to improve in the coming years. The next step turn becomes picking a good horse to back. This leads me to ASX2P, a company with about 10% national market share trading at $12m?!