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$2.10 nearmap ltd

Looks as though the short position on NEA is trending down...

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Eventhorizon

27 Posts.

62

25/08/21

22:12

Post #: 55574465
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Originally posted by austted: ↑

Remember JCrap had a go at Wisetech before they dumped on Nearmap

Well WiseTech went up a whopping 25.55% today. From the AFR - "A thumping earnings season for the ASX's software companies has put investors on notice, culminating in a $6.9 billion WiseTech Global rally on Wednesday as investors scrambled to get a piece of Richard White's profit machine." Admitted their shorts are down to about 1% at present but still scope for them to have been burnt."

What does that say about JCrap?

Well hopefully we might see a similar outcome for NEA in the near future when the impact of HyperCamera3 bears fruit and we get a better idea of how the Patent case is progressing.

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Looks as though the short position on NEA is trending down also!

NEA NEARMAP LTD FPO 144,205 497,479,468 .02

NEA Price at posting: $2.20 Sentiment: None Disclosure: Held
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0 Great analysis

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