NEA 0.00% $2.10 nearmap ltd

If the shorters fail to return the shares before the takeover...

  1. 274 Posts.
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    If the shorters fail to return the shares before the takeover then they would have to pay $2.1 a share instead to the lender.

    If you look, the short buyers are trying to keep the VWAP each day to just a smidgen below $2.1.
 
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Currently unlisted public company.

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