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ASX investors are very well-used to the SaaS, or “software as a service” business model, under which customers pay to use software hosted on a remote computer – in the “cloud” – rather than buying a software licence and installing it on their physical computers. Under the SaaS model, customers subscribe to a software product…
Last week, Beijing based short-selling activist firm J Capital launched a scathing report on Australian aerial imagery technology firm (and small cap darling) Nearmap (ASX: NEA), in the hope that it would trigger a sell-off so that it could profit handsomely from short positions in the company. The report titled “Afraid to Admit Failure” attacked…