USA Nearmap access, page-28

I hesitated on this post. First time to differ from Kfann (I like you posts Kfann).

NEA has significant cash and no debt.

So; far too soon to talk about capital raising i think.

If they need to raise $10m, then what is the cash on hand going to be used for? It is lazily sitting there!! [attracting 2% interest? ] Why keep the cash in Aus where NEA is cash flow positive. Start paying dividends? [not required or expected IMO]. My personal preference would be for NEA to push on with the cash and debt free balance sheet they have.