NEA 0.00% $2.10 nearmap ltd

I agree NEA have good technology but I worry that the...

  1. 61 Posts.
    I agree NEA have good technology but I worry that the international expansion plans will go nowhere especially in the US.There already is a global company with superior technology called Pictometry who have been operating for many years and are well established.

    They also have an online portal called POL which has measurement tools and can also be used on iPads on Iphones and other mobile devices

    In the link below you will see they have lodged several patents in Australia and it's pretty clear they intend to move into Australia and compete locally with NEA

    http://www.ipaustralia.com.au/applicant/pictometry-international-corp/patents/

    We will all either make a lot of money next year or be back 7c ! ;-)
 
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