NUH 0.00% 8.1¢ nuheara limited

Ann: Nuheara Pre-Order Campaign Exceeds AUD$1,000,000-NUH.AX, page-124

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 188 Posts.
    lightbulb Created with Sketch. 5
    Think these are going to sell a lot more than what you are estimating and here's why.

    Read this article on hearing aids in Australia and bear in mind what a small market Australia is compared to world numbers.


    https://www.choice.com.au/health-and-body/optical-and-hearing/hearing/buying-guides/hearing-aids

    Quotes from article:
    "Hearing loss is the most common physical condition in Australia after back pain. Around 22% of people aged 15 and over are hearing-impaired, and each year more than 100,000 of them choose to be fitted with hearing aids."

    "With hearing aids, it certainly pays to shop around. We found an inner-Sydney clinic charging $14,000 for a pair of top-of-the-range Siemens hearing aids, including fitting and service, compared with $11,000 by a clinic in western Sydney. For the same devices without any service, another Sydney clinic charged $7400, while we found an online UK retailer charging about $4900 and a US online retailer selling them through eBay for $3340."

    "The main difference between top-end aids and more basic ones is better performance in noisy situations."

    This last point is pretty much exactly what IQbuds do.....plus more.

    I know IQbuds are saying they aren't aimed at hearing loss market but $300 vs these other astronomical amounts is bound to capture a fair percentage of this market alone.
 
watchlist Created with Sketch. Add NUH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.