ONT 0.26% $7.68 1300 smiles limited

am i missing something?, page-5

  1. 2,499 Posts.
    Interesting stock.

    My biggest concern is the fact that they are selling a commodity type service (dental practice management services) in a market which should in due course see new entrants keen to replicate their success and profits.

    This will inevitably drive down the price of dental practice management services closer to the cost price of providing this service.

    Current market cap seems a bit high given that risk IMHO. Better to wait and see how the competition develops and what kind of impact it'll have I think.
 
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Currently unlisted public company.

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