NEA (ASX) On Sky News Excitement

Originally posted by CoverG ↑

"I have nearly 30 years experience investing in aerospace, defence, security and advanced technology companies. Plus my own aviation experience."

Well that explains it. Clearly you have an emotional attachment and general interest in drones, clearly revealed by your US / Israel comment and hence all your posts here. Nothing to do with INVESTMENTS which is a PROBLEM and SOLUTION based idea leading to the MAKING OF MONEY.

Your arguments have been blown out the water again and again.

The following flaws exists in your arguments;
1) Flawed market assessment. There is plethora info on who nea's target market is, stated again by SC in the Switzer video. Whereas you keep rattling on about Google maps.

2) Flawed cost benefit analysis of solution. You've suggested drones, and a partnership with Israel or US for UAV's. Any idea how much this'll cost? A LOT. Perhaps after 10 capital raising's and a squadron of drones we might be up and running. And on the benefit side; is it even realistic drones can be used for nea's purpose? Probably not.

3) Flawed business expansion recommendation. You suggested India. This relates to (1). If you look at the target market, then USA looks a whole lot better. I'm thinking government contracts; council audits; a regulated society, all of which are a likely prerequisite to create a market nea.

How about you go find a drone forum to discuss your drone world. Meanwhile we'll look at the nea chart which looks darn fantastic. This is looking mightily ominous, in a good way. So tempted to go big at these levels.

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Difference between USA and India are many but in India from my own experience those few who have money don't like spending it or paying their bills and the rest just don't have any money for the luxury information NEA would provide. In USA they have plenty of money and government Departments love spending other peoples tax money for useful services NEA are providing or they just print some more when they need it lol and they do pay their bills.