NUH 0.00% 8.1¢ nuheara limited

Ann: Trading Halt, page-45

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  1. 1,067 Posts.
    lightbulb Created with Sketch. 533
    This is good news.
    My read is that the volume of the deal is a big jump in normal production, and anyway it is also different production in some way. Hence more $ are needed.
    It really doesn't matter when the announcement is made after a trading halt so long as all the facts are disclosed that are properly relevant, and all the i's and t's are done right.
    The CR will be to either set up additional production facilities, or pay someone else to do that with some royalty stream.
    If it is HP, they may only want part of the device delivered, eg the buds themselves, they have their own production facilities. That doesn't matter, we make our money on our technology advantage.
    Either way it validates NUH technology.
    Let's hope retail investors come in on reasonable terms.
    Write to the Board now about having over-subscriptions of a retail offer accepted.

 
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