NEA nearmap ltd
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Ann: Preliminary Final Report and Statutory Accounts-NEA.AX, page-9

  1. ST
    3,037 Posts.
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    24/08/16
    09:05
    Post #: 18630201
    Yes, mainly due to US expansion and marketing.. note:

    Cash balance of $12.2M (31 December 2015: $14.4M)

    They only ate into $2.2M in the past 6 months!
    NEA Price at posting: 56.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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