Thats right. But SFIs problem in Australia could also become NEAs problem in the US, being trying to enter a mature market without a substantially large point of difference.
Luckily for NEA, it has already made some ground in the US. But that ground has been made by having a superior product to the incumbent. Once the alliance between EV and SFI levels the playing ground NEAs conquest of US market share could slow. The next year is critical for NEA in the US while EV implements their new systems. Lets hope NEA can continue ramping up the ACV growth rate in this time.
NEA Price at posting:
60.3¢ Sentiment: Hold Disclosure: Held
