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8.1¢ nuheara limited

Ann: Notification regarding unquoted securities - NUH, page-13

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tallplumber

5,036 Posts.

759

24/07/24

14:32

Post #: 74895036
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Originally posted by Morrison6 ↑

"But lets not forget to get a deal over the line surely the SP has to be worth a bit more than 8.1c"

this is the type of thinking that got holders into the situation they are in now. Always joining dots that should not be joined. The chances of them getting a deal to sell the company for more than 8.1c are close to zero. They are broke. It's like trying to sell a broken used car to someone who knows you have to catch a train in 5 minutes and that you'll never return and will just have to leave the car there and get nothing for it. The purchaser could give such a person $5 for the broken used car and they have to take it because it is better than nothing. Any prospective purchaser of nuh holds the whip hand and they know it. why would they pay more than 8.1c per share? Kind of ridiculous if you think about it.

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Far from ridiculous because its the only way the pigs at the trough get cashed up
This goes belly up they get nothing!!
JM stands to lose over $1mill in perf shares and contract bonus if we close the doors.
You really think they took a pay cut with shares in lieu if they werent confidant they would be around to get the gravy..i highly doubt it

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