NEA 0.24% $2.08 nearmap ltd

Billion Dollar Baby, page-51

  1. 2,597 Posts.
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    I don't know how that would even be possible @crystalblue they raised more capital ($70m) to spend more money, there is no chance of a profit in FY19. While they can pretend to break even with cash flow from one pile, while spending more from the other capital raising pile (ie: not cash flow positive overall), you can't really spin it that way with profit. 

    Given the way you have bolded surprise, I think you know that as well, but pointing it out for those who may not. 

    I am not suggesting this week's result will be bad either, just maybe not enough to keep going up. 

    As for April and July, I am very confident there will be lots more good news to come, but that doesn't mean there isn't a pull back between now and then. 


 
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