Nearmap slides as Macquarie cuts outlook, page-69

I do not like the NEA strategy to expand into EU instead of consolidating profits in the US. The expansion is not a losing game for the board members since they sit on heaps of stock options with significantly low exercising prices. Even if the road to profitability takes forever, it is not bad to them as long as there is some potential and hype and they don't seem to care. It has been a frustrating two-year run to stock holders.