NEA 0.00% $2.10 nearmap ltd

I would agree with you if we were having this discussion anytime...

  1. 299 Posts.
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    I would agree with you if we were having this discussion anytime before Feb 2018.

    However, reviewing the charts since Feb 2018, even after a few upward runs (eg. in Jul & Aug 2018) & then pulling back, the stock price has always managed to go back up to the same levels & then moving even higher within 2 to 3 months from these pull backs.

    Although I don't have a "crystal ball" (like the one owned by @Capital Raising) but if I was to make a bold guess then post the announcement on 20th Feb we "might" see NEA trade anywhere between $1.90 to $2.50 at least until another April update which could see the share price pushing above $2.50 (and possibly even into the $3 territory).

    But whatever happens, I'm sure many of us are happy to continue to HOLD for the long term, so like many investors I won't be playing with it and risk not being able to come back into the stock before the next major move upwards.
 
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