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$2.08 nearmap ltd

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drbrooks

4,593 Posts.

294

07/11/17

21:13

Post #: 28583949
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Originally posted by crystalblue ↑

No celebration is planned, the stock is simply crawling its way back to fair value.

An ignition to Nearmap has yet to occur but when it happens, everybody will know.

If an upward tracjectory of sustainable growth can be achieved, together with a market dominating position, profitability is only a matter of time.

In fact, many investors would argue that it might even be time to sell when the stock has reached (as you say) profitability. Which makes the current price levels of a yet “still to be profitable Nearmap” an attractive opportunity right now. It all depends on your appetite for risk & reward.

Anyway, hope to see you at the AGM @Gillysroom.

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Re fair value. I agree. And a recent analyst note (Evans and partners?) had Oz operations on their own as worth 65c. Next US update will be pivotal. Wonder when we will hear about it - at next week's AGM?

NEA Price at posting: 67.5¢ Sentiment: Buy Disclosure: Held
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