NEA 0.00% $2.10 nearmap ltd

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  1. 3,148 Posts.
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    It is difficult to say if the SP is a bargain. I thought at $0.45 when I got my parcel that it was a bargain. Truth is, as much as all of us convince ourselves that all is OK, I don't blame the sellers. Even if his departure is a good thing in the long run, only time will tell. As it stands, yes the numbers look good. But having said that, we still have no indication about what is actually happening in US, and the company has just had instability at the top. I look forward to an announcement ASAP to be honest. Who would have thought after Friday morning's sell off that it would not bounce back? And then who would have thought it would drop again on Monday and again today? Nobody. 25% down within 3 days is crazy!
 
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Currently unlisted public company.

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