On checking some facts cant see any reason whatsoever for this thread.
The company first advised the monetising strategy and then on 7Jan2013 announced that Nearmap had generated positive cash flow. Also on the 20th Feb before market open, the company announced that 2.2mill had been received from its litigation. From what I can see buying by Directors occurred immediately AFTER this announcement. In March the company did an ASX announced presentation that presented the outlook and the Directors bought again soon after that.
As far as I am concerned looks fine to me and I must say I am very happy that the directors are backing their strategy and buying. I would be more concerned if they were selling lol.
cheers
directors trading, page-6
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