This form of peer to peer business model will be huge! By cutting out the "middle man" the consumer gets better bang for their buck and idle resources are put to use.
imo drivemycarrentals could become the eBay of car hire and the synergy between the acquisitions makes so much sense.
The recent market update says that revenue is ahead of budget and that they are working on ways to increase supply as demand is greater than supply! Good problem to have!
As as an investor, one way I'm looking to maximise my returns from this co is to go out and buy a 2nd car to be available 365 days a year!
reading some of the testimonials, which one must take with a grain of salt, started with 1 car available and now had a "fleet" of 13 available for hire!
QNA Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
