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rigormortis

1,268 Posts.

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01/02/24

14:33

Post #: 72185867
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Originally posted by Bb1974: ↑

I make things up More like Investor relations and/or you do, who was it you spoke to in investor relations that gave you this gem?

I spoke to IR today to get clarification on what is happening, basically Walmart need a lot of stock , I mean a lot and Walmart will buy the stock outright from NUH and other providers to stock their stores so they can roll out the OTC offering. I was also advised that NUH would only invest so heavily if they had the confidence and commitment from Walmart. Given that, we can expect a very significant and very large order from Walmart. This will be revenue basically upfront for NUH this is not revenue that will trickle in per sale, an order to be fulfilled and paid for.

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This would be great information about potential Walmart orders if so, but how can IR release such financially significant news to you alone before the market is informed by an ASX announcement?

NUH Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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