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0.00% $2.10 nearmap ltd

Ann: Nearmap successfully completes $72.1 million placement, page-15

  1. austted
    1,081 Posts.
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    11/09/20
    11:26
    Post #: 47266022
    Yes What impressed me most was that the Instos were prepared to stump up about $80M ($70 M odd + $10M for Ross's shares at $2.77 which is way above the announcement day dip.

    What has surprised me given the strong take up is today's dip 20c below $2.77. Suspect the shorters playing games
    NEA Price at posting: $2.57 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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