Monday Morning, page-35

"You guys think we've got a chance of hitting our all time June 2019 $4.12 high by Christmas?"

Given that the share price is now back above the the price prior to the late January 2020 downgrade, and it has recovered from a low of 83c in March to over $3 now, my answer is that I doubt it if NEA only meets market expectations for growth and cost containment.

However, if new services such as AI and roof geometry can accelerate customer growth in ACV to the upper half of the medium term guidance (20-40%) while costs are kept under tight control, then IMO the share price can break up through its previous high of $4.29. More likely this won't be until after the next half yearly report in Feb 2021, but it's possible an upgrade could occur as early as the next AGM.