I complete agree with you .I was about to buy some shares of Cab but in Europa they will start soon with driverless taxi's and docking stations .
Airbus is developing a 4 seats drone what can compete with regular taxi fares etc..
In Dubai they will fly soon with drone taxi's (go google)
Imagine you go from Manly beach to Penrith within 17 min who wants to take a cab ?
It's quite possible that a big foreigner taxi company will flood the Australian market with
10.000 autonomies taxi's in +/- 5 years time .
Unfortunately CAB is running behind the trends instead of being a trendsetter .
CAB Price at posting:
$1.65 Sentiment: Sell Disclosure: Not Held