And that is why there is a "strategy review "
Miller's strategy has failed, NUH doesn't have the resources to be a manufacturer and compete in the retail space. Miller has never articulated let alone demonstrated how NUH can scale up to do this.
Why NUH persist with manufacturing makes zero sense once RealTek came on board. Rather than burning all that cash on a doomed strategy, NUH would have been far better off investing that into the technology platform and then selling /licensing to third parties.
Its a more efficient business model with a much lower cost base.
Hopefully the "strategy review " results in a more sensible business model.
- Forums
- ASX - By Stock
- NUH
- Ann: March 2024 Quarterly Appendix 4C
Ann: March 2024 Quarterly Appendix 4C, page-37
-
-
- There are more pages in this discussion • 230 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NUH (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.91M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NUH (ASX) Chart |
Day chart unavailable