NEA 0.24% $2.08 nearmap ltd

Undeniable, page-9

  1. 9,304 Posts.
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    No I'm not poo pooing NEA , it's good progress but we still don't know what it's costing to to achieve that progress and all we got is a reduced bank balance down from $27 mil to now $20 million after only 6 months since raising cash.
    Most SFI owners are think NEA is the enermy when they are both helping to increase the market share of better, quicker information availability in USA. SFI is a leaner operation earning royalties but lower earnings too. Nea working the USA differently so has higher risks at this minute but higher rewards in 2 years time if everything goes to plan hence why NEA is selling at 10 times sp. Not sure about market cap.
    Last edited by Gillysrooms: 11/01/18
 
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