NUH 0.00% 8.1¢ nuheara limited

Ann: Suspension from Quotation, page-7

  1. 1,152 Posts.
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    One year, how time flies. I have lost count of how many CRs ago that was but it looks like the same problem again. On that occasion they had to CR in order to prove to the ASX that they would have the funds to continue trading. If that is the same problem now, it seems hope for a bigger take up from Walmart etc with the HP Pro has not materialized and they have burned through available funds already. Re that earlier suspension, IR claimed it was just an administrative glitch (my email reply from Ronn), yet suspension had occurred because the ASX required evidence of adequate funding. Now we have only the ASX notice of suspension but nothing from management. I hope it is just an administrative glitch this time but we all knew a CR was imminent.
 
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