NEA 0.24% $2.08 nearmap ltd

NEA chart, page-490

  1. 267 Posts.
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    Hi Blommer, of course a lot of holders like myself will be rejoicing in the fact that the share price is going up.

    However, a lot of us also know that Nearmap's share price is capable of SO MUCH MORE.

    NAB purchased over 19 million shares back on 27th Sep 2016 at 58c, and the capital raising back in November 2016 was done at 70c.

    In the context of what the institutions have paid, the current share price of 60c is hardly a huge cause for a massive celebration. Nearmap is only beginning to slowly crawl its way back to fair value.

    Nevertheless, a rise is a rise, so if the sp stays in the 60s at closing, I'll just quietly have another cup of tea and reward myself with an extra slice of Tim Tams tonight.

 
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