Correct. I am nervous that Nearmap could go the way of other flightless creatures and I suggest all shareholders should be mindful of the latest appointments and added expenses on salaries and training courses.
Seems to me they are throwing their last dollars at this beast to get it off the ground.
"I am considerably heartened that the board now seems to understand it may have been a folly." bacci
If it is a folly why bother hiring new staff? Seems to me they haven't entirely agreed that it is a folly, either that or they have accepted it is a folly and are now intent on being even more foolish, which from my perspective isn't necessary.
cheers
mrdin
IPR Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held