NUH 0.00% 8.1¢ nuheara limited

TP they knew back in January probably december. This is from the...

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    TP they knew back in January probably december. This is from the 4C. The bold is what was a lie to the share market. By the first of March, they were in suspension. How is it possible that if you have two quarters left, which should have taken the company through to June, you will run out of cash two months later? It is so convenient that the 8.1 and 8.2 magically align to reach the number of 2, and then they don't have to report.
    That is what the board needs to be held accountable for.

    Estimated cash available for future operating activities $A’000
    8.1 Net cash from / (used in) operating activities (item 1.9) (844)
    8.2 Cash and cash equivalents at quarter end (item 4.6) 1,728
    8.3 Unused finance facilities available at quarter end (item 7.5) -
    8.4 Total available funding (Item 8.2 + item 8.3) 1,728
    8.5 Estimated quarters of funding available (item 8.4 divided by
    item 8.1) 2.0

    Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a
    figure for the estimated quarters of funding available must be included in item 8.5.
    8.6
    If item 8.5 is less than 2 quarters, please provide answers to the following questions:
    8.6.1 Does the entity expect that it will continue to have the current level of net operating
    cash flows for the time being and, if not, why not?
    Answer:
    8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
    cash to fund its operations and, if so, what are those steps and how likely does it
    believe that they will be successful?
    Answer:
    8.6.3 Does the entity expect to be able to continue its operations and to meet its business
    objectives and, if so, on what basis?
    Answer:
    Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answered
 
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