CL8 7.69% 1.2¢ carly holdings limited

over 12 months ago the NSW government outsourced their fleet...

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    over 12 months ago the NSW government outsourced their fleet management to 2 groups SG Fleet and Smartfleet.

    These 2 groups manage the 22000 strong fleet.
    both of them have also partnered with car hiring businesses in the the sharing economy.

    SG Fleet have partnered with GoGet
    https://www.fullyloaded.com.au/product-news/1702/sg-fleet-banks-on-telematics-lift

    SmartFleet have partnered with us
    https://www.smartfleetaustralia.com.au/


    Management say that this partnership is a pilot - and as such is not material.
    They would love to announce it through the ASX - but cant  - against ASX disclosure rules.
    We have to be patient and wait for the partnership to become material (ie have a direct effect on the SP)

    Im not sure exactly how this partnership becomes material - a pilot project is supposed to be a short term trial ... as this has been on the cards for a almost 12 months - hardly short term!

    would love to know what revenue / profits are being generated for GoGet - but as a private entity - we are unlikely to find out.
 
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