NEA
Click for more information
0.00% $2.10 nearmap ltd

FEBRUARY 10, 2020Why the shorts are staking out...

  1. birdman29
    28,456 Posts.
    lightbulb Created with Sketch. 480
    clock Created with Sketch.
    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
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS TRENDING: High grade drilling assays
right-arrow Created with Sketch.
NEWS Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat
right-arrow Created with Sketch.
NEWS $2.2M Placement to Expand Resources and Continue Exploration
right-arrow Created with Sketch.
NEWS US fracking support boosts outlook for Australian gas stocks
right-arrow Created with Sketch.
NEWS PLS: HotCopper's Most Discussed Stock of The Week!
right-arrow Created with Sketch.
NEWS A$17 Million Cash Sale of Citadel Joint Venture Interest
right-arrow Created with Sketch.
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.