NEA
Click for more information
0.24% $2.08 nearmap ltd

Well, part of the funds raise are earmarked to... uh... "pay the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. madamswer
    7,936 Posts.
    lightbulb Created with Sketch. 1554
    clock Created with Sketch.
    07/09/18
    13:12
    Post #: 35465163
    Well, part of the funds raise are earmarked to... uh... "pay the costs associated with undertaking the placement" (their words, not mine)

    But your question is valid. What is the $70m for?

    Reading through the presentation and the accompanying announcement, it had a decided feel like part of the reason that they are raising the capital is, well, because they can.
    NEA Price at posting: $1.78 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.