NEA 0.00% $2.10 nearmap ltd

Have you heard of RP Data? This is a half billion dollar...

  1. 3,702 Posts.
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    Have you heard of RP Data? This is a half billion dollar business that is making it's money from what you say above is irrelevant Nearmap is trying to break into this same space that RP Data holds a massive majority of the market.

    If listed companies behaviour around spruiking their wares and services around results time surprises you, then all I can conclude is that you have been living as a hermit or you are very young and/or new to this game.

    The same goes for the share price observation. Share prices can, and will be affected by a lot more than how the company is going. Especially for small relatively illiquid companies like this, EOFY Tax time profit taking and tax loss sellling, activity by technical traders, bots, and in particular for a stock like NEA, small cap fund profit taking targets and buying plans, general greed and fear causing overbought and oversold conditions, to mention just a few driving factors. These have jack to do with how the company is doing.
 
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Currently unlisted public company.

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