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0.00% $2.10 nearmap ltd

Ann: nearmap announces US expansion, page-10

  1. tprchris
    479 Posts.
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    13/10/14
    12:33
    Post #: 14115740
    If the volume was a few million you would have a valid point.... let's see where the price is at the end of the week.

    Just remember they only made a 1.6 million real profit on revenue of 18 million. Based on the announcement they are now on track for a full year loss of around 4-6 million by my guesstimate if they don't see any meaningful US revenue.

    im happy to wait and see at the moment.
    NEA Price at posting: 55.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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