NUH 0.00% 8.1¢ nuheara limited

Ann: Nuheara Update to Market, page-103

  1. 1,228 Posts.
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    @YourDudliness chooses not to reiterate or attempt to defend his preposterous statement regarding the evil 'downrampers' who try to trick the hapless holders into selling so that they can buy up their 'cheap shares'. Lame. We all embarrass ourselves from time to time by saying stupid things, why not just own it and have a laugh?

    re the stock:

    short term predictions are tricky but I will have a go. I think the short term movement is likely to the downside for the following reasons:

    1. some holders won't get to digest or even see the announcement until tonight. Thus we might see more selling tomorrow.
    2. the company will need to raise capital soon as we all know, as this will likely happen at a discount to the current sp buyers might hold off until after that happens. Sellers might wish to sell before a cr at, for example, 5.4c acts to lower the sp further.

    will the top 20 stick fat? Or will some of them be starting to get a little nervous? Be very interesting to see the list in a couple of weeks.

    also, I would still like to know, is there a maximum amount of spend for the scotland nhs deal? if it is 100k then the deal is valuable as endorsement only without any significant boost to the coffers possible.

    With the white knight out of the way for the time being at least, this goes lower for mine. Time will tell.

    I am very often wrong. glta.
 
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