Australia's largest stock trading and investment forum Australia's #1 stock forum

NEA

Click for more information

0.00%

$2.10 nearmap ltd

Agree, hadn't thought the exchange rate would be a major factor...

First 7 Last

Share
Profile

Follow
luvbhatnagar12

148 Posts.

5

08/01/21

09:07

Post #: 50024698
Share

Originally posted by Wabisabi: ↑

I'm not so sure.

Yes ACV will be impacted when converted into AUD, but a good part of costs are also in USD, which will decrease upon conversion, and Nth Am is loss making.

I think the market is probably more interested in percentage growth rates in the NA, and not just dollar values.

The above would serve to blunt any impact of the higher AUD, even negate it(?).

Expand

Agree, hadn't thought the exchange rate would be a major factor given US is still in growth phase. it's more the incremental ACV they are getting.

NEA Price at posting: $2.15 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 32 more messages in this thread...

First 7 Last

Add NEA (ASX) to my watchlist