Am I the only one interpreted the Monday announcement as
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Yes, the rumour is True. It's happening but not determined. Calm down everyone, we want cash not because we desperately need it, it's just because it's nice to have and can accelerate.
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Why is everyone considering it's misleading? I would think this is the best reply you can give out without misleading.
The Company continues to evaluate options for raising capital to accelerate its growth plans. Nearmap does not require new capital in order to progress its existing business plan and the Company advises that, at this time, no decision with respect to whether to seek further funding (or as to what form it may take) has been made.”
NEA Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held
