Bought a small parcel of these recently. I think the Crimesafe business has some growth potential given the increased number of home invasions this year in Melbourne. The home invasions have been dramatic and have received a lot of media attention over many months. Home security businesses in Melbourne will be doing well. Coming into spring and summer I can see the demand for Crimesafes security screens increasing.
I guess its only a matter of time before such home invasion crimes start becoming a problem in other major cities and towns. Is there a correlation to the popularity of the grand theft auto game? who knows. Good for the Crimesafe business though.
OCP Price at posting:
$1.68 Sentiment: None Disclosure: Held