NEA 0.24% $2.08 nearmap ltd

Ann: Suspension from Official Quotation, page-13

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  1. 246 Posts.
    Gee just had a look at the presentation.
    I like that they are going to advance the development of Hyper 2 and quicken the the exposure and expansion of sales in the US and Aussie.
    I know if a company needs to do these things on a larger scale or quicker than planned that needs funding.
    What concerns me is do we need it now?
    There was another worry which is lets dilute and get a debt facility at the same time.
    I do how ever like us normal private share holders will get an opportunity to expand holding.
    And I wish these company's when carrying out an equity raise they account for what the working capital is to be used for - 6 million is over a quarter of the raise, hope its not for squandering.
    Thanks GLTAH
    Fish
 
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