NEA 0.00% $2.10 nearmap ltd

Mate you need to read up on stock trading theory. In short the...

  1. 930 Posts.
    lightbulb Created with Sketch. 111
    Mate you need to read up on stock trading theory. In short the share price is a reflection of what the majority of investors are thinking at any point in time, in short it is a snapshot of consensus thinking at that moment. Now while most of us are happy with the results, we are not going to buy any more shares because we have sufficient holding going forward, but the people who believe that the results did not meet expectations are selling so it is the impact of this group of disgruntled shareholders who are dictating the course of the SP at this point in time. However they only have so many shares to sell so when they are gone the share price will be only affected by those who are happy with their investment and those who are impressed by the upside and decide to invest.
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.