NUH 0.00% 8.1¢ nuheara limited

Ann: Appendix 4D and Half Year Financial Report, page-109

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  1. 835 Posts.
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    Would really be surprised if there is a CR here. we still have over $5 Million in the bank and I'm sure management has looked into other options. If you have a product that's selling well there are debt financing options that can help pay for manufacturing of new product and repaid at reasonable interest rates negating the need for a CR. A lot of the money is blown in the research and development and setting up the marketing and sales channels which looks to be well in place. I suspect we have strong sales growth from here and If we are selling product and making good a profit/margin the short term money is easy and eventually it pays for itself. All IMO Dyor. I suspect the bottom is in around 6c now and just a matter of time before we move up.
 
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