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clock Created with Sketch. 03/06/23
21:47
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Originally posted by Teddyward:
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I'm not seeing any evidence of sales , adversts , targetting and promotion which is IMO what you would do with a new product basically putting all money back in to drive brand and sales- maybe they hav ediscounted or rebating to retailers an dthe retailer are yet to run the promotions but will do so within the 90 day invoice period? . I am not seeing evidence of massive sales of competing products either nor reactive marketing by large hearing companies or them changing pricing. They may not have been able to get a raising away or held back doing one hoping for a better acceptance of product and a increased share price from what they have announced. The usual signal is the spiral funded reducing holding into volume and then reloading and yet agian diluting holders. NUH may have been hoping for increase in share price after a sales announcement and actual demand but now if they can't secure 2nd orders from clients if there isn't sell through it will be a tough market to raise in.
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High expenses, net debt, constant cap raising and seemingly poor sales. Administration soon or do they eke out a few more cap raises? Even Yowie is still alive haha
(20min delay)