NUH 0.00% 8.1¢ nuheara limited

Ann: Notification of cessation of securities - NUH, page-90

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  1. 1,266 Posts.
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    The entity, whoever it was did well out of it. They kept it offshore (20/30 healthcare?) but anyone here, if offered, could have taken a $3M short term loan and made the same tidy profit. Maybe it was a local player in disguise acting through the US front. As I remember, they got it for around a 25% premium on sp (that is a handy profit for starters). Their trickle selling at profit certainly restrained the sp.
 
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