NEA 0.00% $2.10 nearmap ltd

Share Price just a pittance

  1. 327 Posts.
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    The recent positive profit announcement including details of cash in hand is not being reflected in the current SP. Back in January when we had lots of talk and very few hard numbers to consider, NEA was trading at over 60 cents! What is 'the market' looking for now, or will we just see buying depth at around the 50c level and a slow and steady lift in SP from here. I would see NEA as good buying if it slips below 50c, but not expecting it to do so unless the overall market has a few 'rough' days. (IMHO).

    DYOR
 
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Currently unlisted public company.

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