NEA 0.00% $2.10 nearmap ltd

Mass layoffs at Nearmap as US owner wields axe, page-5

  1. 949 Posts.
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    Well what goes around comes back to bite ...

    The BOD and Execs of the old listed MEA were pretty good at screwing the shareholders over and probably the staff and mgt thought it would be all good and rosy for them on a gravy train .....
    Now they are discovering that the new owners dished out a "sugar coated pill", that looked all hunky-dory, but is now causing a big and unpleasant purge.
    If they had seen and realised this before, they might have joined forces with the dissenting NEA shareholders, blocked the deal and kept NEA as an Australian owned company with a bright future.

    Now the TB vultures are dismembering and picking over the carcass to leave not much for anyone other than themselves.

    I say ... "We told you that this would happen...." ... shiny pieces of silver blinded people and now they pay the price.
 
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