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$2.08 nearmap ltd

Ann: Investor briefing - Full year results to 30 June 2018, page-63

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curiouswon

1,894 Posts.

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28/08/18

12:19

Post #: 35232053
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Originally posted by Andrew68 ↑

Hi Crystalblue, yes, you and Inductor make the same point about the speed of expansion. i guess that's the key issue: how fast should NEA expand? should we wait for the US to become a revenue powerhouse to fund expansion into europe or act now, and execute another CR? i think the US has proven NEA has an excellent product and business model that is replicable across borders, so i'd prefer that management expand quickly into new territories and reduce opportunity for competitors to muscle in first. interested to hear other people's view on this. i'm sure the same discussion is taking place inside NEA as we speak.

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I also would prefer quick expansion, if management thinks they can handle it.
It is not straightforward to increase by 50-100% every year even if you have the product and the systems, which NEA seems to now have.

Actually : HELD (unable to edit that)

Last edited by curiouswon: 28/08/18

NEA Price at posting: $1.80 Sentiment: Buy Disclosure: Not Held
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