NEA 0.24% $2.08 nearmap ltd

Ann: Institutional placement investor presentation, page-22

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  1. 1,778 Posts.
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    Never a fan of Credit raisings.
    After being in IAM they gave a discount of 35.9%
    So does not seem to bad to me at 11%
    With the run up to the ASX300 and NEA tightly held. Can see these shares getting soaked up without effecting shareprice to much. Will soften the blow.
    Bit disappointing they did not let it get to $2.00 then raise.
    Then again if it gets into asx200 as well as asx300 whats that going to do to shareprice.
    In the second announcement it says about partnerships.
    This softened the blow for me, always wanted a Teir 1 company speed things up.
    Good to see nearmap have the dollars go into other countries.
 
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