NEA 0.00% $2.10 nearmap ltd

Indeed.. is the market pricing in a higher than expected result...

  1. ST
    3,037 Posts.
    Indeed.. is the market pricing in a higher than expected result with 2 trading days to go. Suffice to say.. these guys are in a strong financial position with a high margin sticky revenue stream, combined with the tech and $ to see it through the US expansion. As long as NEA are achieving at the minimum steady growth in these early stages then we should see the SP start being priced at future earnings, which the market will need to set as NEA now refuse to provide guidance due to past targets being overly optimistic.
    Last edited by ST: 20/08/16
 
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Currently unlisted public company.

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