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Chillicop

5,114 Posts.

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22/03/21

14:00

Post #: 51946702
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Originally posted by FrankieAlfie: ↑

The only scenario I can see this getting to a $1 would be if:
- HP places significant orders
- Nuh turn huge profits
- Nuh have a cash reserve big enough to buy back shares
- share registry is reduced signicantly
- SR becomes tight and then we get significant upward pressure
- the next significant share price is 0.055. We need to get there and hold it for at least a quarter. That would put us into asx 300 and indexed funds would start to buy.
- if it can get to 0.23 then we make asx200. And a whole different ball game.
the idea that we get to a $1 with this amount of shares on offer would give us the same market cap as IOOF who had a revenue of 1146.87 million
$2 would be Iluka resources 990 million revenue
$3 domino pizza. Bluscope 11294 million

so it's just not realistic to be thinking that without changes to share float

Expand

the comments here re price and entry into major index's. (or indices if u like) are bang on. along with being over a certain market cap to enter into a universe for potential investment eg 100m or 200m.

we just need a slow rise into these spaces and it will (potentially) snowball as more eyes fall on NUH.

NUH Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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