I find it a bit bizarre that this info regarding new customers...

I find it a bit bizarre that this info regarding new customers is released on twitter. However, if the company has informed shareholders via the asx that this kind of information will be released via twitter, then I guess it's ok.

I've seen many times when a company's sp is way off the companys true value, and I see this happening with ipr atm.

Nearmap is crossing a threshold, where it is becoming profitable. Every new customer (and the rate of new customers seem to be increasing) means more profit, as the costs pretty much stay the same.

Eventually people will start projecting these figures forward. ie loss of $6m, loss of $3m, break even, profit of $3m etc. Then there is the all the overseas market potential. Then there is the takeover possibility.

All this and the company has approx $16m in the bank and a market cap of $26m! Bizarre.

BUT atm there is no belief, as shown by the sp. But it will come.

Buy & Hold is my advice. I did retire from proper work at 37 because of this investing lark, so I know a bargain when I see one.

all imho.