Ann: Suspension from Quotation, page-463

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FrankieAlfie

2,638 Posts.

773

03/04/24

12:39

Post #: 73166581
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Originally posted by Teddyward: ↑

"they have not had the money to advertise"

The amount of $ that have gone through this company's hands has been plenty to advertise if spent wisely.
The issue is trying to find a target market and then you have the classic basketball promotion - gee how many did that sell!!!?
There has never been a shortage of $ just shortage of where the $ are spent and $ going out as wages and expenses in a start up?????

Go have a look at VIN and KBC if you want to see how hard it is to refinance when somebody has you by the nuts. You would simply be buying into current sales and we know they can't be great IMO.

In theory continuous disclosure should continue while suspended . Look at KBC as they have had to announce court actions while suspended and are also still doing incremental updates on their take over offer of YOW. They area predatory fund of opportunity and they know the rules inside out and push the limits IMO.

So NUH is obliged to announce under disclosure IMO but many in ASX companies simply go silent and use the excuse that no trades could happen so it doesn't disadvantage anyone wish is incorrect as you can do off market and also it affects other actions in market . There is stuff all action by ASIC as we all know from the toothless pet pussy.

Strategic - cant stop laughing but I guess survival si strategic and defense against losing the lot? !!

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It's a great point. When they have had traction was during covid, when they advertised and had a market place. They were blowing money with all their pivots. All the unnecessary staff costs/wages.
I think I should have kicked up more of a fuss when Luna left. If you see what he has done since, he hasn't left the industry. There was something there that doesn't add up.
I'd love to know who are the directors who are refusing to sign off. Perhaps they have finally realised how much they could be on the hook.

NUH Price at posting: 8.1¢ Sentiment: Sell Disclosure: Held
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