Novac,
The definable market for CXZ is not millions like ZIP- it's not a B2C product....I wouldn't compare.
The fleet market that CXZ are chasing with Flex is capped. Not all dealers are "fleet dealers", so the rubbish PR from George about 4,000 dealer Automaker from the US is misleading.
In the B2B world, people don't buy on emotion. Often the person at the dealership who might want Flex does not have the authority to make a buying decision. Its a slow burn sale. The IT guys get involved and even then sign off from Finance / Accounts dept is required.
Flex will not scale the way ZIP can in the B2C space. With ZIP, if i want - i get it NOW.
Interesting space, many opportunities for CXZ, just need to understand what pain points their tech can solve. Flex for fleet is not a company maker imo, they need to look downstream at the customer experience / eCommerce end.
Nationwide Wi-Fi network to be launched on Tuesday, page-20
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.81M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.8¢ | $6.472K | 231.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 106000 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1594142 | 4 |
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| Last trade - 15.48pm 16/10/2024 (20 minute delay) ? |
| CXZ (ASX) Chart |