NEA 0.24% $2.08 nearmap ltd

Wow, it is great to see so many people contributing to the NEA...

  1. 267 Posts.
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    Wow, it is great to see so many people contributing to the NEA threads again.

    Like many of the long term holders, today achieving $2 is definitely a big milestone whichever way you look at it.

    We all know that the current price catalyst began with the announcement on the 10th Jan 2019.

    Naturally if the company misses this target & cannot achieve breakeven then there will be some negativity in the share price.

    But conversely, I think it is also entirely possible (might even be more likely) that they will not only breakeven but actually turn a very small profit in 2019 depending on how well the US growth story is playing out.

    So regardless of what happens in Feb or Aug, we are definitely AT or VERY NEAR a turning point in the history of the company. I think this fact should not be underestimated when examining any price volatilities in the next few months.
 
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Currently unlisted public company.

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