I have little doubt that this SP has been managed / pushed down by an insider who is getting the stock to a price they are comfortable with, to lower their risk and maximise their gain to play a role in funding the company. How this is ever legal is beyond me but it happens daily and its across the board. Company needs to lift its cash position, it will talk to the only broker that is currently on record (Foster) covering the stock to assist.
The biggest inside traders are brokers (Foster Stockbroking) would be all over NUH cash flow activities. I maintain my view that a cornerstone investor may take a major position as I can't see retailers or sophisticated investors (who really aren't that sophisticated to be honest) getting discounted shares, I could be wrong all IMO.
From my conversation with a Foster Stockbroking Adviser NUH have up until the end of Feb to raise the $6m which has shareholder approval.
- Forums
- ASX - By Stock
- NUH
- Best Buy for IQbuds
Best Buy for IQbuds, page-34
-
- There are more pages in this discussion • 333 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NUH (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.91M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NUH (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online