Interesting question asked according to goosmurf's post...
(My favourite quote was in response to a Q in relation to the December statement that "nearmap is not yet in a position to consistently generate positive cashflows quarter on quarter" and whether they now felt confident that they could. Simon said something like "well I inherited two loss making businesses and I now have one profitable business".)
Did Simon Crowther get it so wrong in December, or was he simply being cautious? Ross Norgard must have sensed Simon got it wrong, as he ignored the warning and accumulated.
Stranger things happen on the share market; today's trading is another. Guess we can simply hope tomorrow is just as peculiar.
NEA Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
