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Mate, how could you possibly know Salt Lake office is profitable?

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DungeonDragon

51 Posts.

02/11/15

20:20

Post #: 16311639
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Originally posted by mitch24 ↑

He is talking about the one off expansion costs incurred getting into the U.S. market...ever heard of the saying, 'you've got to spend money to make money'...NEA has spent their own money with this expansion (no shareholder capital raising). They will make this back 10 fold over the coming years.

However, it is all about operational costs and I know that Salt Lake office is profitable and San Fran not far behind, huge achievement in only 12 months!

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Mate, how could you possibly know Salt Lake office is profitable?

NEA Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
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