NUH 0.00% 8.1¢ nuheara limited

Ann: Strategic Review Update & Variation of MD Employment Terms, page-56

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. 1,407 Posts.
    lightbulb Created with Sketch. 224
    TP...."IF" the Board can orchestrate a deal....and I believe they will....I think we will find NUH is sold to a third party and we will receive (a small amount of) equity in that business.

    I do not believe NUH will trade again on the ASX....

    Miller and the Board should only receive 'performance' shares if stretch performance targets are put in place...eg if a deal is done at say a minimum 80c a share (which is only 4c in 'old' money...the failed Harman deal that Miller could not close was around 7c in 'old' money or $1.40 in current dollars).

    Under the current resolutions all shareholders are being asked to approve; NUH could be sold for only 0.001c a share and Miller and the Board get all their free 'performance' shares....!

    And then Miller's full $407,334 salary plus super will be re-instated after he has received the 5,429,334 shares....it's an absolute joke.
 
watchlist Created with Sketch. Add NUH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.