NEA 0.24% $2.08 nearmap ltd

Ann: Suspension from Official Quotation, page-10

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  1. 3,653 Posts.
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    I'd say the selling pressure yesterday just may have been possibly associated in some vague far fetched way with the grandmother of the dood who is heading up the entity or entities involved with the injection of capital, thereby reducing the raising price, due to the fact that part of the price setting mechanism was the closing pric eof the 22nd Nov (yesterday)

    But maybe it was just a well placed rumour of a raising that brought the sellers ou, achieving the same ends, whether deliberate or not. Interesting that this is an involuntary suspension, I don't remember seeing one of these before. Does this mean the company is in trouble over the potential for what I have speculated having actually been the case? Will there be an investigation? I guess unlikely.
 
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