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the comments here re price and entry into major index's....

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Chillicop

4,999 Posts.

633

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

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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
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