Open high & now..., page-19

Unfortunately if I'm honest all of the announcements since the expansion into the U.S have had mirrored beginnings such as 'momentum gaining in the U.S'.

I strongly believe they predicted their transition into the U.S would have been a lot easier and growth a lot faster IMO! 2.5 years down the line and 'momentum gaining in the U.S' isn't really instilling too much hope in investors anymore. With a population of over 320 million, you would think they would have well over 1,000 paying businesses by now on their books. Yes, the Australian business is going strong but the success of Nearmap relies on their penetration into the U.S and it has been somewhat underwhelming to date!

I wonder if we will see consolidation at this level or further down?

GLTAH