NEA 0.00% $2.10 nearmap ltd

Ann: Nearmap announces major contract win in Australia-NEA.AX, page-18

  1. reg
    598 Posts.
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    I'd like it too, but it doesn't do enough for me to justify the cost. That's a simple business decision for me. Just cost v benefit.

    By the sound of it, it's pretty useful for you, and you make a call on the cost.

    But they run a business, and just as a shareholder in Lend Lease would be happy for them to be focusing on projects in the $100m's not domestic renovations, I'm happy that Nea focus their efforts on the higher end of the market. One large customer = to 5,500 little customers in turnover, and probably 10,000 little customers in profit.

    I think the share price is just filling a gap.
    Last edited by reg: 31/05/16
 
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