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ElleBee

804 Posts.

247

10/07/24

12:48

Post #: 74689235
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Originally posted by the trickster: ↑

Time is against them to close a deal or whatever they are working on.
They dont have cash to last more than into early August at best.
It would of been good if there was an option exercise at 11c but without a deal or the stock resuming trading, those options will lapse, NUH will no doubt look to extend the options most likely but that wont help them re funding and wont be well received by those investors who tipped in $1.85mln in April.
I wasnt at the GM but someone told me that Miller remarked that they could remain in trading halt for another 3 months, either this man has no idea or he was doing his usual nonsense spin.
I was told they were close to finalising something back in mid May, but a couple of other interested parties showed up. Unfortunately as usual Miller has been played rather than taking the bird in the hand he has gone for the 2 in the bush and now he is running out of time.

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Was the source who claimed there is/was multiple interested parties the same source who claimed multiple OEMs around the corner? Maybe time for a new source. There is nothing to verify what you have just claimed.

NUH Price at posting: 8.1¢ Sentiment: Sell Disclosure: Not Held
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