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clock Created with Sketch. 21/07/14
09:55
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Below is a quote from the Annual report last year made by the MD in his report "My goal for nearmap is for us to achieve 30,000–50,000 subscribers in Australia paying on average $1,000 per seat." I would say $30m of revenue would be a good result. Anything less would be a fail considering the statement above. The share price broke through the 40c mark around the beginning of October 2013 so not a very good position to be at 9 months later. I would have thought it should be trading at around 90c to $1 by now.
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lol...perhaps if the quote read
"My goal for nearmap is for us to achieve 30,000–50,000 subscribers in Australia paying on average $1,000 per seat for the FY14 ."
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Then you might have a valid argument....
