NUH 0.00% 8.1¢ nuheara limited

I might be wrong. But i have seen plenty of quarterlies from...

  1. 1,485 Posts.
    lightbulb Created with Sketch. 513
    I might be wrong. But i have seen plenty of quarterlies from other (lifestyle) companies, where the response to the ASX when asked about future funding when they have less the 2 quarters of money. Is that they intend to seek a Capital raise or some form of finance if needed. It always seems to easy a "get out of trouble" reply, but many companies get away with it. They dont seem to have to prove anything just that they have an avenue to raising more funds.

    So im not sure if the suspension can be about not having enough money right now. To me its either much more sinister problem or possibly maybe due to past problems with fudging the numbers. The ASX may have a clause, where they can make a company prove ongoing finances before reinstating them and NUH are out there trying to suck in more institutions to keep the ASX happy.

    The ASX are so useless though, it would have to be a pretty big issue for them to wake up and get involved if this is the case.

    Even tricky would have to agree its more than a typo issue now.
    Last edited by grolph: 13/03/24
 
watchlist Created with Sketch. Add NUH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.