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Could they be making sure they have the cash to weather a cut in...

  1. tprchris
    479 Posts.
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    23/11/16
    14:43
    Post #: 20825012
    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
    NEA Price at posting: 74.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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