I live in Sydney. The roads are congested at all times, even the weekend. The present suite of governments state and federal are committed to road transport. The congestion is a massive headwind to productivity. Now that TCL has managed to take the drivers seat on the whole eastern seaboard, I expect them to be front and centre in making an impact on congestion.
The productivity commission has advanced the concept distance and time period charging for road usage. It is unpopular but it may come again and TCL can use its ability in roaming charges. TCL is advancing the concept of high occupancy tolls ( HOT lanes) in Virginia in the US. It seems to be gaining traction. All in all there seems to be considerable scope for growth for TCL
TCL Price at posting:
$7.17 Sentiment: Hold Disclosure: Held
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