NEA 0.00% $2.10 nearmap ltd

Share Purchase Plan, page-7

  1. 348 Posts.
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    I think that maybe customers are keen for their product but there is a need for more than 4 captures per year. in order for them to do that it will be an initial drain on working capital and therefore the need to raise. They could also be expanding the capture region in the US and maybe covering some of Canada. The product is sound, they just need to build up their presence and the revenue will follow. just look at the profile for Australian revenue. the income graph will follow a similar pattern but the numbers will be a lot larger than AUS. In my opinion there are not too many other proven tech stocks that have large upsdie potential will this amount of risk. IMO buy now, hold for 2-3 years and you should do ok
 
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