Just as an aside, the municipality also gets a significant improvement in the rate of traffic accidents regardless of the healthy profits. Although speeding is always an issue with traffic enforcement it seems that crashing red lights is the biggest cause of accidents.
Another benefit for the local enforcement agency (police) is that they can access every camera over the internet which allows them to quickly scan the city roads for traffic snarl ups or assess accidents etc. I have seen a company demonstration of this and it is an impressive feature that other vendors do not seem to have available in their systems.
Like Nightstalker I started collecting these at a nice price, $1.58, and have since collected a whole bucketful more. Unfortunately my broker wasn't as keen and restrained me. I eventually bought anyway but at the higher prices. My DCA is somewhere around $3.11 so there is still a smile on my dial when I think of the potential.
As the sp rises it is dwarfing the rest of my portfolio (over 25% now) so I won't be getting any more in the near future.
Just as an aside, the municipality also gets a significant...
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