Re, In a year they'll be worth $100M Some " interesting " Share...

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birdman29

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18/08/18

17:43

Post #: 35014592
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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

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Re, In a year they'll be worth $100M

Some " interesting " Share Numbers...

2010 Annual Report

Shareholder Information Page 114

https://www.nearmap.com.au/hubfs/Pdf/2010_Annual_Report_released.pdf

I also remember Stuart Nixon saying he wanted to get 1 Billion Dollars out of "It"... !! ??

Tooooo late now !

NEA Price at posting: $1.62 Sentiment: Hold Disclosure: Held
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Re, In a year they'll be worth $100M Some " interesting " Share...

Top Stories

Scientific conference spotlights PYC's work on blindness disease treatment

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

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

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

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

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

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

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

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

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