NUH 0.00% 8.1¢ nuheara limited

Ann: Trading Halt, page-55

  1. 13,054 Posts.
    lightbulb Created with Sketch. 2710
    If you thought the NHS project as outlined was going to be supplied by NUH,,,,looking at the past margins, they would need a truckload of capital to gear up to supply, I think that's just simple maths. 5M imo isn't going to produce enough to supply a 30 plus million contract, so I think the announcement was nothing more than a ramp imo that may have made a lot of ppl RUSH in.

    If the boost sales were so amazingly high to cover the manufacturing to supply the NSH contract, ( I think the NSH announcement at first glance blatantly implied NUH was somehow getting maga millions in future sales from NSH) then im sure the company would have announced such an achievement.

    Good luck, I'm sure the announcement is legal, I just think the way it was expressed may have caused some to stump up 45% more following its release, which was clearly a terrible mistake. Now the register will be diluted even more and the SP is substantially down.

    Good luck
 
watchlist Created with Sketch. Add NUH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.