NEA 0.00% $2.10 nearmap ltd

Ann: Nearmap delivers commercial imagery based on HyperCamera2-NEA.AX, page-26

  1. 1,490 Posts.
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    @dirtmoney makes a good point, until there is positive cash flow in the US we are all speculating on a future price... At the moment there are people taking full advantage of this making profits on the swings - so definitely not a sh## post, people need not get caught in the hype and insult a fellow posters, @HarkenBanks you clearly are caught in the hype!!!

    One thing is for sure though the longer NEA is under 60c the higher it will rise once positive cash flow is confirmed in the US... Although the paywall is up, it will take time as companies start with a drip feed on NEA services, before understanding the advantages and then taking full suscriptions... At the moment the signs out of the US have been great, but things don't happen over night, or in 6mnths for that matter... It will be a 2yr slug minimum for NEA to increase revenues and become profitable in the US - any time before then is a real boon
    Last edited by hilly_sandman: 12/07/16
 
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