NEA 0.24% $2.08 nearmap ltd

Thanks Birdman. As usual the fool commentary is extremely...

  1. 267 Posts.
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    Thanks Birdman.

    As usual the fool commentary is extremely general & open to lots of interpretations.

    Personally I read this and I think using the last pull back of NEA as a guide, maybe I can workout a possible entry point. Back in late Oct 2016 to early Nov 2016. A good rule of thumb for this “pull back” could be roughly 25% from the peak.

    So if the Morgan Stanley projection of $1.3 holds true then a possible 25% pull back from this price might be $0.975 !

    OMG, so even at the current price of $0.83, Nearmap is still trading relatively cheap.
 
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