NEA 1.03% $1.97 nearmap ltd

Just another buying opportunity

  1. 273 Posts.
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    I started with 300,000 Ipernica shares and have bought 4 times in Nearmap . Nearmap is now my biggest holding by value and number of shares. I do not intend to sell and will buy more if they fall into the 40's.
    Paradise Investments have a history of selling down after they have made a profit as they need to show good returns to their investors,however I do not expect. them them sell their entire holdings
    Yes there are question marks over the CEO however he appears focused and moves quickly. Their progress in the US to date is impressive and I am confident it will yield results in the near future. Income in $US will just be a bonus. I also think that dividends are not too far away.
    I also expect a good result when the numbers are presented next week. I just hope that the CEO shows more transparency which has been lacking to the past reports.
    Hang on to your hats.
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