So glad I sold at 52c.The competition has arrived ! Sounds like...

So glad I sold at 52c.

The competition has arrived !
Sounds like they have some big backing behind them. Would be interesting to see how they take on NEA.

Below taken from their PDF announcement sounds like they will try undercut NEA in price and offer 3D to provide a better product compared to NEA

"Essentially the Spookfish model targets:

*Increased leavels of resolution and accuracy for geospatial imagery
*Significantly reduced costs
*Full 3D and oblique imagery
*Complete end to end solution with web portal delivery

I think it's worth a punt to buy some shares in WSR at 2.7c. Even if they can take 30% away from NEA it could still go up 10 times the current price

Another interest fact is that there bankers are NAB and the largest share holder in NEA is National Nominees

Will be quite exciting to see what happens in the next few months

Will you be buying WSR with me tomorrow ? Lets get this party started !