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The Short Report – 06 Feb 2020, page-16

  1. birdman29
    28,100 Posts.
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    11/02/20
    07:58
    Post #: 42854075
    FEBRUARY 10, 2020

    Why the shorts are staking out Nearmap

    https://www.theaustralian.com.au/business/wealth/why-the-shorts-are-staking-out-nearmap/news-story/dab512ad5132369eb46c88b78bd37e01



    10 February 2020

    Uncharted territory

    Aerial mapping technology companyNearmap Ltd(ASX: NEA) is in second spot as short-interest increased 180 basis points to 14%.

    The company issued a profit warning recently due to cancellations and deferments of some customer contracts.

    While management is still sticking to its double-digit growth forecasts, short-sellers aren’t convinced the worst is over.


    https://au.finance.yahoo.com/news/short-sellers-stepping-attacks-asx-005728904.html
    Last edited by birdman29: 11/02/20
    NEA Price at posting: $1.90 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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