Still shaking my head at this sale. I look back at tge sale of 50% of ebay Australia original purchase, 6 million forced to sell my shares for 50 cents purchase price USA Ebay buys back 50 % Australia for $120 million. Not to mention no debt 100 million sitting in the bank of Ecorp, Fast forward to today what value would you put on 50% of ebay Australia?? Forget about the other products like 50% of 9MSN etc. Not hard to know Nearmap was a steel at $2.10 in 5 years what would you expect the Market Cap to be worth. Seen some dumb arse moves on ASX this has to be up their with the top ones, for not capatalising on what you spent 20 years building. Just think Ross Auatralian shareholders should have gotten a dividend all those years, instead we donated USA CANADA that was on the same books. USA was given away. No wonder we went the German court system for broadband. All makes sense know.
NEA Price at posting:
$2.10 Sentiment: Hold Disclosure: Held
