This is the highly speculative end of the market, if you don't have doubts you are not being realistic. Everyone has a different method for managing risk, but if your idea of managing risk is to never express doubts about your investment strategies... well... that's what I'd call risky.
Nuheara's technology is world class. It has a bunch of international awards to prove it. A lot of people who are invested in Nuheara believe 100% in the quality of the product. It is a great story. But there are doubts about the current management's ability to sell that story to consumers, stakeholders and the marketplace. In the hands of a first class management team this company would have made an impression on the market that better reflects the critical acclaim its products have received.
From another viewpoint, it would be nice if management coud use some of their considerbale remuneration to support the share price by buying on market. When is the last time Justin spent a bit of his $400,000 salary buying shares on market? Has he ever? And David is off-loading millions of shares shortly before the SP tanks 25%. It doesn't instil great confidence.
NUH Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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