NEA 0.00% $2.10 nearmap ltd

Ann: Trading Halt, page-54

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  1. 479 Posts.
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    Could they be making sure they have the cash to weather a cut in margins due to Spookfish coming online(in Australia) in the near future? No doubt Spookfish will come in at a lower price than NEA to acquire and poach clients. Not everyone needs the full historical database NEA has, so if the price is right they'll switch/choose SFI. NEA will have to lower there price to retain/attract clients.

    Might just be adding to the cash stockpile so that they win the price war.
    Last edited by tprchris: 23/11/16
 
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