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8.1¢ nuheara limited

This is another excellently articulated exsmple of why it might...

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BoroBoyinoz

7,364 Posts.

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25/07/18

04:03

Post #: 34546588
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Originally posted by najjaci31 ↑

@verce we will need more capital to fulfill just our current retailers, let alone if we get Costco, Walmart or the like on board.

Statistics indicate that only about 20% are completed online, the other 80% still in today's environment get completed face to face in a brick and mortar setting. If we have sold 3,000 units via the online store, that indicates that Nuheara have left about 12,000 units worth of revenue on the table simply based on that merit.

We will simply need more capital with a third product hitting the shelves this year while also supporting two growing products which appear to be doing well. With retail payment terms we simply can't fulfill orders and required quantities for all three products. Management are savvy and I believe are trying to get the next CR at 20c+ and I think we will see the next CR at 20c+ hence the reason why we only raised $6m in June. Bid Energy should be reflection for all Nuheara holders on how fast the share price can move north.

A few more days at most now. Tuck in!

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This is another excellently articulated exsmple of why it might be in someones interest to purposefully try to trade the share price down.

Pick up more shares for the same money in future institutional capital raises !

NUH Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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