NEA 0.00% $2.10 nearmap ltd

Ann: Half Yearly Report and Accounts, page-53

  1. 93 Posts.
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    If you really are a holder then you have nothing to be worried about. The results are good because the beat expectations, its as simple as that. This is the plight of tech companies sometimes the are out of favour with the market and sometimes the are in-favour. The current price is basically the price they were before they started making serious inroads into the US market. Now US revenue is greater than than the ANZ revenue.

    Stop whining at management to get them to eek out a small profit today. That's not the goal, if it was they just would have stayed only in Australia. They are building a global business and you don't do that without investing.
 
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