NEA 0.24% $2.08 nearmap ltd

Woe Everybody is on mute!!, page-9

  1. 1,214 Posts.
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    No major comments from me. I might post some US contracts soon but nothing to worry about. US tech stocks took a beating and shares on high PE multiples have taken the brunt of it. I'm accumulating more at the moment and averaging up whilst the opportunity exists. What's important to know is that Nearmap has $80 million in the bank, zero debt and a lot of market opportunities. Personally I'm looking particularly for companies that save companies money as I think they will still do well in a low growth environment as rates start having some upwards movement internationally. Nearmap will soon be a cash producer with a large exposure to the USD which adds more value.


    Sentiment returns to a buy at these prices as we rewind to prices 2 months ago.

    Last edited by leasx: 16/10/18
 
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Currently unlisted public company.

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