NEA 0.00% $2.10 nearmap ltd

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  1. 26 Posts.
    I am still on the side.

    Initially I was going to buy at 57 and sell at 74 but am revising downwards due to the AU ratios slowing more than expected. This also proves that the US opportunity is much smaller than what I hoped it might be and what we were told.

    I'll accumulate at the 52 c level waiting for concrete proof that the NEA management team is able to commercialise the HC 2 technology to the levels they have been saying they would.

    If I don't see net new ACV % improving in the next 12 months, I will stop following the stock altogether and spend my time looking for the next NEA of 5 years ago.
 
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