Remember QPSX, the forerunner of Nearmap?, page-5

First 5 Last

Share
Profile

Follow
birdman29

13,761 Posts.

74

18/08/18

17:13

Post #: 35014328
Share

Originally posted by nachode ↑

By way of background for the NEA newbies, Nixon was a former director of Ipernica from August 2010 to April 2011 - 8 months. The 2011 annual report indicates he was remunerated $483k in cash and super. The report also indicates Nixon was issued 39M ordinary shares and 8M Options as one of the vendors of nearmap.com which was acquired by the Group on 21 November 2008. As part of an additional incentive for Crowther to accept the position as CEO of nearmap.com Nixon agreed to transfer 5,000,000 of his 40 cent options to Crowther for nil consideration. Today they're worth $8M.

At 30-Sep-2012 Nixon was the second largest Nearmap shareholder with 11% behind Norgard with 16%. Between Jan-13 to Feb-13 Nixon started dumping his shareholding en-masse from prices ranging from 5.5cents to 9 cents /share. Around this time Norgard & Nachode were buying on market.

The tragedy really is that 5 years ago Nixon sold his 40M shares for $3M but today the same shares worth $64M. Sheet.

In a year they'll be worth $100M.
Cheers
Nach

Expand

Top 20 Shareholders as at 6/09/2017

Yet... Graham Griffiths ( The 1st CEO ) ----- kept most of his Shares , 3,197,179

GG always answered my emails to him !

Not once did Simon Crowther answer my emails !!

He ( SC ) sold all of his Must have had the $hits big time

https://www.copyright link/research-tools/NEA/shareholders

NEA Price at posting: $1.62 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 9 more messages in this thread...

First 5 Last

Add NEA (ASX) to my watchlist

Remember QPSX, the forerunner of Nearmap?, page-5

Top Stories

Scientific conference spotlights PYC's work on blindness disease treatment

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing