Hope you are right Mrdin. From my experience with the markets the market usually tends to get a feel before the event-most times but not always. Volumes of shares sold down are also that low the selling could basically be meaningless.
Regardless, it has no impact on me as I am and have been in for the long haul having bought at very cheap prices and am already in profit. I am also in accumulation mode and bought more recently and may continue to buy if the price drops a little further. I obviously believe in the Nearmap story but also realise that if it flops I wont realise the big reward I am looking for. Notice that the sp has now dropped to 9c. If it drops to about 8.5 I will be buying some.
Given my low average price the risk for me is not as great as for some. Nearmap has received some fantastic publicity recently and I expect/hope that good things will arise from that.
IPR Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
