Hi blastoff. If Nearmap gets to a point where its revenues cover all of Ipernicas running costs and its profit from that point ,people will have to pay a lot more than the current sp imo. $3.5mill so far some of which will be a recurring subscription annually is a pretty good start.
I have a different view to yourself on Nearmap. To me it could be a companymaker. As I have stated many times it will depend on the success or otherwise of the execution strategy. It has its risks but I wont be talked into selling by perennial critics. Rather I will continue to accumulate at the lowest possible price.
cheers and good luck with your investments.
IPR Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
