NEA 0.24% $2.08 nearmap ltd

Bulky, I don't recall any company making announcements about...

  1. 829 Posts.
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    Bulky,

    I don't recall any company making announcements about management changes. To be honest, if they did, we'd all be wading through knee-deep announcements every day.

    I'd also have to ask, what good would an announcement do? Investor relations have to be honest when asked a direct question, but really, would the result be any different if the board suddenly issued a statement to market (which is so out of line with normal announcements) about a staff movement?

    We have been in a downtrend for months, and this only keeps us in that same channel - the price was pushed up be people expecting instant riches ... and now it is deflating to a level which is sustainable. Once we get a good look at the US figures ... then perhaps there would be some justification in a rise to the levels it reached .... but blue sky pricing is tenuous at best .... just look at Aconex.
 
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