NEA 0.00% $2.10 nearmap ltd

My thoughts on today's events

  1. 3,103 Posts.
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    It appears that there have been internal movements at the company. (Alluded to by previous posts)

    Without stepping on anyone's toes it sounds coincidental that two people are leaving at once. One member planned to leave and there was a subsequent smooth transition.

    John and Paul have been there for some time and their fantastic efforts will be acknowledged but it should be noted that the tech to provide advanced analysis and obliques has been created so I don't see a major effect moving forward. Australian results have continued to impress and US results are still ahead of what the Australian results were given the time since initiation.

    It's a little disappointing to see two senior members leave but Nearmap is an agile company (real agile not political spin agile) and it has come leaps and bounds under Rob's management. I trust Peter, Rob and the rest of NEA staff will continue to deliver and I have heard plenty of feedback from real users of NEA. The proof is in the pudding.

    As always I will keep you updated with more contracts as I find them.

    Hope that helps. Take care.
 
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