Business
Nearmap’s losses keep short sellers interested – The Australian Financial Review
J Capital’s report may have achieved its aims better if the timing hadn’t been so close to Nearmap releasing its half-year results.
On Nearmaps short squeeze, the first point to note is the timing of the reports release just three whole business days before Nearmap handed in half-year results was curious.
If a short seller wants to maximise uncertainty around a business by publicising a research report, it seems logical to issue it a good period prior to the target company revealing its accounts to the market.
In this case, the opposite happened. Nearmap brought forward its results by two days and left a window of less than…
-
Noosa News21 hours agoTributes for woman allegedly mowed down on footpath in Maroochydore; Guilherme Dal Bo charged
-
General14 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General18 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat
-
General7 hours agoThe one tweak that could grow your super by $200,000