NUH 0.00% 8.1¢ nuheara limited

And that is why there is a "strategy review "Miller's...

  1. 9,647 Posts.
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    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.
 
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