The West Australian Article, page-54

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vic_wattle

3,513 Posts.

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19/05/15

10:58

Post #: 15306129
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Originally posted by Katoom ↑

I don't trade ASX for a few reasons one is because it doesn't offer enough diversity in companies or volume in mid cap + stocks and especially in large cap high beta stocks compared to US and Euro markets, nor the range of ETFs and options to hedge.

ASX is a very small market,volumes unfortunately it does attract a lot of inexperienced penny dreadful traders thinking they will get rich quick, hence HC popularity.

Also don't knock the ASX game it's an excellent service that no one is above learning from including you and everyone should take advantage of it. And yes for mentoring as it saves a lot of excel spreadsheet time and is a great way to track progress.

While not needed but thanks for the invite to stay good to know some realise the benefit of contrarian discussion instead of just placing people on ignore, looking forward to the next financials and US revenue numbers.

Sincerely though I do wish everyone all the best invested in this stock, I just think on the US expansion they have under estimated expenses, over estimated revenue and in the wrong country.

Kat.

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Kat, looking forward to your counter argument on this interesting point!

The aerial images below of Sydney and Melbourne used in google earth today are dated 1/1/2009, over 6 years out of date. SIX YEARS.

Now do you see where Nearmap has an advantage and why it is growing its subscriber base, revenues and profits in Australia?

NEA Price at posting: 53.5¢ Sentiment: None Disclosure: Held
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