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8.1¢ nuheara limited

Ann: Nuheara Q2 FY24 Business Update, page-4

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rigormortis

1,152 Posts.

186

05/02/24

12:19

Post #: 72239994
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Originally posted by danw1989: ↑

So did I hear this right:

FDA approval quite some time away

Not manufacturing them til they know they will be approved?

OEMs will not commit until they see it manufactured and/or approved?

OEMs for other unregulated markets effectively dead

licensing arrangements dead until gen 4 manufactured?

How will a credit raise be avoided in the coming weeks? Could
be multiple raises required before any commercial terms arise that they could secure debt against?

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I had a terrible Zoom connection and missed most of what was said, but have they actually applied for FDA approval for Gen 4 yet? The approval for Gen 3 I think cost around $0.5M. Maybe they haven't the money yet?

NUH Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
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