Ann: Nuheara Drives Research into Concentration Disorders, page-45

All depends on US sales. That is where they are concentrating. Market is 14x aus market. Canada is roughly the same. Ignore rest of world atm.

Ok the aus sales are probably skewed due to holders buying, but if we are correct in the assessment of aus sales and pro rata they sell 1/2 that number in US and Can then maybe not necessary as another 4m in cash could already be coming in.

Then retail orders?

If they need cash think it is more likely they will take out a line of credit . imo.