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Nea is going up why ?, page-146

  1. Inferno31
    3,790 Posts.
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    18/08/15
    16:49
    Post #: 15828689
    Market really is irrational. SP of companies with no revenue and just hype go up by hundreds of percent and here is a company with over 20 mil in revenue and nothing!!! I know the market is waiting for USA news and I am one of them but they need to make just $8 mil a year in revenue to offset annual cost of US capture. With ESRI tie up and the market being so big, the upside outweighs the risk. 2016 will be a pivotal year for Nearmap. I am waiting to top up my holding .. come on low 40's !!!!!!
    NEA Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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