NUH provided good distribution announcements, however in the back ground a placement was being negotiated with brokers @ Hunter. Hunter has squeezed NUH management to discount the stock what will be perceived by the regulator and market in general as 15% to 20% however in reality its more like 40% I'm not against a cap raising at all, it should have been done higher simply to protect the company's market cap and share holder value. Some company's do it well and raise at a premium. Instead the actions of the NUH directors have led to a loss of roughly $40million in market cap value to raise $4 mill in cash. That is unacceptable and could be a reflection of poor experience in capital markets. Easy money for Hunter and private client advisers who provide these so called sophisticated investors who really aren't that sophisticated, I know of a few personally. They simply have access to information, "The most valuable commodity I know of is information." Gordon Gekko
NUH Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held
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