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$2.10 nearmap ltd

Nearmap slides as Macquarie cuts outlook, page-38

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15/02/22

10:55

Post #: 59576082
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Originally posted by opilot87: ↑

Topped up to the limit in my superfund yesterday - didn’t think I would have the opportunity at these prices again. Great buying.

Slightly concerned of the declining price immediately prior to the announcement, as often it edges up higher on leaks or anticipation, so perhaps the news will be lower than forecast or at least market consensus. I doubt we will see much lower either way.

Contrary to popular belief on these forums, share price does not equal or reflect company value or performance. It’s a good thing, that’s how you can generate wealth through buying stocks when undervalued. With an investment horizon of anywhere between 2-10 years, I’m not too worried about share price fluctuations as I am confident of significant investment returns within that time.

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I'm happily buying. USA expansion continues and Europe begins. Oversold business with plenty of long term upside.

NEA Price at posting: $1.24 Sentiment: Hold Disclosure: Held
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