NEA 0.24% $2.08 nearmap ltd

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  1. 496 Posts.
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    Says more about MF than NEA. NEA is a classic growth stock. It has no debt and cash in the bank. It is expanding rapidly and will soon be profitable depending on how it balances future growth against the need to break even.

    Sure if you need a portfolio aimed at producing dividends to pay your pension then MF may be right but did they add that qualification? Even then I would argue you need some growth stocks like NEA in a pension focused fund to maintain your capital base.
 
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Currently unlisted public company.

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