Australia's largest stock trading and investment forum Australia's #1 stock forum

NUH

Click for more information

0.00%

8.1¢ nuheara limited

Banter and General Comments, page-1825

First 1825 Last

Share
Profile

Follow
kmrrr

732 Posts.

60

19/05/21

12:28

Post #: 53274613
Share

Originally posted by kickit2me: ↑

I'm sure that the long term holders here have no intention of "washing" their shares over the new financial year (after all, it is illegal ).

But I think the real reason is that it takes a long time to build a big holding with a reasonable average price.

If you are sitting on say 2m plus shares (inside Top 100) - and you have acquired them at some point over the 5 years at an average that is likely to be above the current share price, you are not likely to risk "tax time selling" - especially as news/HP action could occur on any given day!

Plus, what effect do you think a big buyer would have right now on the share price?

Over the last few weeks selling has been pretty much confined to small holders or in some cases, recent buyers.

Some data to support that?

Last week Top 500 - 35 buyers, 12 sellers.

...

Expand

Gotta feel for those long term holders who have not only lost money but lost the opportunity to make money over the last few years.

NUH Price at posting: 4.2¢ Sentiment: Sell Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

NOX

Noxopharm aims for autoimmune market with first human trial of SOF-SKN

Earnings wrap Monday Week 34: A2 Milk, Bluescope, Suncorp's climate woes & more

SMI

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

Good habits matters when it comes to finances

PR1

Fourfold skarn increase points the way to viable garnet project, says Pure

There are more pages in this discussion • 1,589 more messages in this thread...

First 1825 Last

Add NUH (ASX) to my watchlist