NEA 0.24% $2.08 nearmap ltd

Billion Dollar Baby, page-35

  1. 432 Posts.
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    My average price is 58 cents.  I am holding because of the reasons explained by crystalblue.  Plus, what an earlier poster described.  Great companies dominate their market.  Exceptional companies create their own market.  NEA is creating its own market. 

    I am using the performance of other exceptional companies that created their own market as a guide.  These include Google, Apple (with the Iphone), Microsoft (in the 1980s and 1990s).  I don't know enough about CSL but I suspect it is creating its own market as well. 

    Using the performance of these companies a guide, NEA could easily reach $100 per share over 10 years as it grows in the USA and expands into Canada, Europe and Asia.

 
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Currently unlisted public company.

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