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8.1¢ nuheara limited

OK mate, whatever... no personal slight intended, but your post...

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dart888

300 Posts.

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23/03/18

10:39

Post #: 31973473
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Originally posted by rigormortis ↑

Thanks. I think I've got it now. It's semantics and the company just raised $1M.

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OK mate, whatever... no personal slight intended, but your post here:

Originally posted by rigormortis ↑

I can understand that an attractive premium of around 5c per share might have been necessary to raise a quick $1M and that selling off the issue is the "bird in the hand" with no further risk attached. I wonder if the recipient(s) of the issue did sell out, and if so, however brief the holding, will the recipient(s) appear on the share register. I had hoped at an early stage that it might have been an inside deal in anticipation of cashing in on a big announcement before 31st May. Mention of a CR, however small, can flush out a lot of sellers. The fact that the CR was small may be a positive sign in that it may be all that is required to sustain NUH in anticipation of a forthcoming deal or better financial outlook from sales. NUH needs that firm capital base to settle the nerves of holders. It is flapping its wings but not yet flying.

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clearly illustrates that you didn't (and/or still don't) quite grasp exactly what is/was going on - just trying to help...

NUH Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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