pe ratio of 1, page-23

Re Nearmap,

We are all speculating about nearmap, so this is nothing more than speculation...

But if the technology is better than existing technologies, Google would be more likely to be a PURCHASER than a competitor.

So rather than feel threatened by the fact that Google sees the value in street-level images, it reinforces that there is an enormous market for such data.

I would like to see a lot more info before the vote...but conceptually the market is potentially huge.

We'll see... I may email the MD to ask for some more info..

disclosure: 1,000,000