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Same thing happened to NearMap NEA expansion into USA to go...

  1. Gillysrooms
    9,304 Posts.
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    20/02/15
    13:22
    Post #: 14791046
    Same thing happened to NearMap NEA expansion into USA to go after $50 million revenue at cost of $8 mil pa, and shares were dumped on announcement. Strong local earnings mean nothing to short term traders if a good company like iiNet wants to sacrifice short term earnings for long term growth. TPM [TPG] slumped too on iiNet result and sp movement because they have a strategic holding in iiNet. go figure all companies have strong growth projections but short term market makers will punish them
    IIN Price at posting: $6.40 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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