We holders know this, but for a new investor, the ASX response...

First 37 Last

Share
Profile

Follow
rigormortis

1,151 Posts.

184

16/10/19

16:42

Post #: 40914528
Share
Originally posted by kickit2me: ↑

Let's stick to facts:
Nuheara have been in ongoing discussions for nearly a year now. That has been announced numerous times to the market.
During those discussions one LOI was involved, but nothing came of it.

The latest position (25th June) is:

i.e. Nuheara are in ongoing discussions around an OEM.

The situation now is:
that it appears that a number of investors have seen possible indications that an OEM deal may be closer eg. discounted selling of Nuheara branded products
and that the value of Nuheara with its IP, technology, products, staff etc may be a lot more than the $25m market cap it inexplicably sat at for a few recent months

For me, and I'm sure many others, Nuheara's market cap rebounding towards its real value is no great surprise and as I've stated earlier today, it doesn't require any insider information. After all, the MC is still under $50m today.

It simply requires buyers to buy stock believing that the potential and value of this company are much more than what might be calculated by receipts in the previous 4C.

The market is forward looking.

I look forward to a much higher share price and valuation of Nuheara as more people become aware of the potential.

..

Expand

We holders know this, but for a new investor, the ASX response reads there is nothing happening that would justify an increase in sp. Maybe that is a standard response but surely a little further elaboration of the points you raised such as OEM negotiations are being continued would have avoided killing this current speculative run.
NUH Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

Reply