NEA 0.00% $2.10 nearmap ltd

Short term IMHO SP much above the 80cents will be contingent on...

  1. 93 Posts.
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    Short term IMHO SP much above the 80cents will be contingent on how confident the market is that they will be quickly successful in the US. It would help if the FAA would approve the external POD which allow more efficient image capture. There is a perfect storm brewing for NEA, with a lower and lowering aussie dollar and reduced oil and commodity prices, the later will make sure that companies are on the look-out for cost cutting strategies. Ultimately, say in 2 - 3 years, I think this is a $5 stock, perhaps it will happen sooner if one of the big GIS companies decide to get fruity.
 
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Currently unlisted public company.

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