USA Nearmap access, page-28

  1. 80 Posts.
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    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.
 
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