NEA 0.24% $2.08 nearmap ltd

Nearmap has become my second largest position over the last 4...

  1. 7,300 Posts.
    lightbulb Created with Sketch. 234
    Nearmap has become my second largest position over the last 4 months of accumulation. started at 94 cents added at 115 and again around 144.

    US expansion likely to accelerate much faster than everyone thinks market is huge and they are only just starting to scrape the barrel of opportunities.

    ramp up of sales personnel should start to be reflected this result.

    profitability also being hit usually results in a big Re rate as a lot of funds are prohibited from owning loss making businesses.

    I think NEA will fly after their result on the 23rd. roll on the good times.
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.