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