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8.1¢ nuheara limited

Ann: Suspension from Quotation, page-21

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tallplumber

4,856 Posts.

732

01/03/24

12:19

Post #: 72692947
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Originally posted by FrankieAlfie ↑

TP you are so emotionally invested in this company.
Here are facts:
At the end of December, they had 1.7 million cash or cash equiv.
That quarter, they were in the negative $800 000 of the cash. However, they included the R&D of 1.4 million. Without they would have burnt 2.2 million. We are 2/3rds the way throught this quarter. 2/3 of 2.2 million is 1.45 million. They probably have some revenue but nowhere near enough to get through to the end of march let alone roll out gen 4.

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You just don't like a contrary view to your guessing do you
If it's that bad...just sell

NUH Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

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