NUH 0.00% 8.1¢ nuheara limited

time to rise?, page-9

  1. 10,883 Posts.
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    The share price must continue to fall whilst they are generating negative cash flows requiring new equity raisings to finance the business and diluting current shareholders that are not able to throw more funds at this..
    The number of units sold in the Dec quarter(a very disappointing number to me) would suggest they are a long way from breaking even on cash flow.
    At the end of the day, they have the product, they have the distribution channels, they have given the product significant world-wide exposure but there are not enough consumers interested in buying and it is now hard to see how this will change anytime soon.
    Using this logic I have had to sell my shares at a loss.
 
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