Agree, MDuke As CGO essentially critiques/investigates the...

Agree, MDuke

As CGO essentially critiques/investigates the systems implemented by other IT consulting firms, that provides a natural barrier to entry.

As Austock said in one of their reports " Natural competitors such as IBM and the large consulting businesses are commercially conflicted, and would hurt their own businesses by competing."

Also, WHY, I agree the pre GFC targets were very aggressive, but they do provide an indication of the growth available to CGO. The revenues are currently still a bit too lump, but increasing scale would go some way to smooth out individual projects.