Australia's largest stock trading and investment forum Australia's #1 stock forum

NUH

Click for more information

0.00%

8.1¢ nuheara limited

To be fair, maybe UBS just wanted to make a quick buck without...

First 117 Last

Share
Profile

Follow
rigormortis

1,193 Posts.

187

25/03/19

17:38

Post #: 37877372
Share

Originally posted by burntgamber: ↑

Was purchased through UBS Nominees. Broker who set up the off-market purchase was Patersons. There could be more than one holder under this Nominee:

Its likely that the person or entity purchased the options (then converted to become shares) because he/she is also interested in the NHS contract and its potential. Then he/she got wind that the NHS contract is "not what it seems". I am not saying Cannington or Miller gave certain parties inside information rather he/she that purchased the options may have had a contact within the NHS. Once there was hint that the NHS contract was not as "first thought" this would explain the sudden sell-off which of the entire 10million.

Can confirm that UBS Nominees has completely sold out:

I am sure there are others who will rush to Cannington and Miller defense. They will have their own version of events which cannot be challenged.

Expand

To be fair, maybe UBS just wanted to make a quick buck without any prior knowledge of today's announcement. If so, I'd say Miller and Cannington may not have been happy over the quick sell off and its effect on sp. then, but now on the other hand, UBS were fortunate to have made the right move. It would be of interest to know when NUH were notified of this change in category.

NUH Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

RCE

Recce's R327 found effective against E.coli during clinical trial

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Microcap Wrap: 5 explorers with news out today

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 50 more messages in this thread...

First 117 Last

Add NUH (ASX) to my watchlist

SPONSORED BY