Disappointing to see NUH trade at these current levels . So many good announcements have hit our screens over the past couple of months. 9 million dollars recently raised at 9.2c through instos, giving the company the financial security to enhance their position on a global scale.
One could put forward a very strong argument that the company has NEVER been in a better position. Certainly from a financial perspective we could not be better placed. We have more partners then ever before to sell our product. We could not have been getting better reviews then what has been received over the past couple of months.
Yet, given where the share price was at the beginning of the year, coupled with these recent announcements that have now put the company in a sound position, it's hard to fathom why there is a constant appetite to want to sell this stock down.
Trying to understand the market remains a constant source of frustration . If you look too hard for reasons you will probably do your head in . I try to look at the fundamentals of a company and reassure myself that eventually the share price will take care of itself.
But during these times one can be excused for scratching ones head looking for reasons as to why there are currently 2 sellers for every one buyer.
Cheers.
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