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$2.10 nearmap ltd

The fee cap seems to indicate it's a done deal, unless there's...

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anerky

50 Posts.

33

15/08/22

12:05

Post #: 63117181
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Originally posted by lightning70: ↑

The US$3 reimbursement fee cap also applies under the following condition copied from the announcement - a transaction agreement involving Nearmap and Thoma Bravo shall not have been entered into.For Nearmap to agree to this provision tells me a majority of the board are in favour of the offer. As a shareholder since 2015, I am hopeful of a higher offer but don't think that's likely. I will be sad to see it sold to private equity.

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The fee cap seems to indicate it's a done deal, unless there's A) something off found on the checks or B) an alternate offer.
Question I have please: If it's so likely a done deal at the low-ball $2.10 , how come the price only rose to ~$1.90? Thanks

Last edited by anerky: 15/08/22

NEA Price at posting: $1.91 Sentiment: Buy Disclosure: Held
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