Ann: Nuheara Raises $11.5M in Conjunction with 3 Year HP Contract, page-36

Do you really believe that Lind would place two sell orders - 7.5m and 5m, in the sell queue?

Lind have maintained their selling at around 6% of shares traded since they started their conversions of their note. It would not surprise me at all if Nuheara pays out the note now - given the CR was oversubscribed. That would leave Lind with less than 20m shares - not much more than they have held since 2017. They may have already stopped selling.

This is a significant individual investor leaving,(in a very amateur way), in my opinion, and being replaced by institutions. (Possibly pissed off at not being offered the placement?)

It happens.

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