NUH 0.00% 8.1¢ nuheara limited

Ann: Quarterly Activities Report and Appendix 4C, page-180

  1. 7,066 Posts.
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    So just to summarise this thread:

    Just prior to this 4C ol bruutz predicted no growth in receipts and cash balance of $1.8m. And on this basis called a drop to 7 cents.

    This 4C confirms:

    1) receipts growing (highest yet at approx $1m)
    2) cash balance at $4.8m
    3) new product, Boost, with higher margins, launced on time as promised.

    We have also seen a huge improvement in margins for iqbuds (from -26% to +27%!)

    We have also confirmed Boost pre-orders have not been captured in March quarter receipts.

    So it looks to me like growth trajectory remains positive and as strong as ever.

    Share price should continue to follow growth.

    Watch for higher lows and higher highs.
 
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