NEA 0.00% $2.10 nearmap ltd

Selling stopped?, page-4

  1. 121 Posts.
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    A search back to previous company announcements confirms Paradice purchased 16M NEA shares at 21.7cents back in April 2013. They topped up another 3M a few months later at 26-27. I wouldn't begrudge them crystallizing a 170% profit in < 2 years. I seriously doubt there is a conspiracy afoot as some others have suggested in previous posts.
    Paradice's recent offloads are a simple case of locking in a profit, nothing more IMHO.
    Cheers
 
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