Teddyward,
Like Highett, I've been in since around 10c. Shareholders have not been bled dry, but rewarded handsomely. This company requires patience, while it steadily builds a moat around the business.
You talk about the competition - yet SPZ continues to install ANPR systems and generate huge cashflows from them. Any system installed with councils are long term, and will be a barrier to entry for anyone else.
Customers (councils/shopping mall operators etc) benefit from fines, obtaining data on usage of car parks and traffic flow for their own planning purposes, and reduction in resources to check on overstayers.
SPZ - Like snail on a hot summers day, page-41
Add SPZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
60.0¢ |
Change
-0.020(3.23%) |
Mkt cap ! $209.5M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 59.5¢ | $127.9K | 210.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3000 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 6322 | 1 |
View Market Depth
| Last trade - 15.59pm 23/07/2024 (20 minute delay) ? |
| SPZ (ASX) Chart |