Advancement in technology is creating countless new opportunities for business to streamline their operations and improve customer experiences. However, there's often a gap between when a concept is first introduced to a market and when the real commercial application is validated. Mason Willoughby-Thomas from the Ausbil MicroCap Fund says Australian based aerial imaging company Nearmap has crossed that gap and is now set to expand their footprint in the US.
"The original investment has taken some time to build up and show some scale and that is now starting to happen. I think that has been a key catalyst for the stock re-rating."
In this video Mason provides more detail into the commercial application of Nearmap's aerial imaging products and explains why he believes there is more value in the stock.
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