NEA 0.24% $2.08 nearmap ltd

News article, page-616

  1. 267 Posts.
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    Gillys you could be right that the company will start to hit profitability in 2 years since the CFO himself had projected profitability in 2-2.5 years.

    However the share price is a pure leading indicator on the prospect & growth of a company and the sp should jump far ahead of that time. Of course assuming no major announcements between now & then that will further re-rate the company.

    This is exactly the reason that many investors are accumulating now on all price pull backs.
 
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