Ann: Nearmap successfully completes $70 million capital raising, page-41

"There has to be new shares issued to help meet the sudden demand for to index funds."

Who says that new shares need to be issued to meet that demand? Why can't index funds do like they always do when it comes to index inclusions, i.e., buy stock on market?


"What better way for a fundie to show a bit of green on his books."

That fundy's green is due to the red on the part of small shareholders.
That's the entire point.


"Sounds to me you sold out early and were waiting for retrace."

You don't know me.
Nice straw man/red herring, though.