Nearmap-relevant - ‘In the news’, page-80

Markets often over react and NEA seems to be a victim of both an overreaction to a decision to invest in the future at the expense of short term profits and a big hit to technology stocks in general. The share price seems to have found a base around the $1.30 level and I think buyers of stock are no longer trying to catch a falling knife.

I took a deep breath today and added to my position on the basis that the price seems to have a new base and that next weeks profit result will suggest the sky is not falling in and that revenue continues to grow. Markets are unpredictable though, I get it wrong as often as I get it right...

Good luck with whatever you decide.