NEA 0.24% $2.08 nearmap ltd

Ann: Nearmap successfully completes $70 million capital raising, page-23

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  1. 483 Posts.
    lightbulb Created with Sketch. 36
    I am asking myself what the Instos are going to do with all those freshly minted shares?
    I am going to keep and eye on the shorts for the next few days in case some are going to "lend" theirs out and squeeze some loan fees out of the short market. The bargain hunters may take the bight if the shorters decide to open positions and drive down the SP. The quality of the Co will win in the long term but in the short term there may be some ups and downs....

    I will be look for the opportunities again if that happens but not until sub $1.40
    GLTAH
    All IMHO and DYOR.
 
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