NUH 0.00% 8.1¢ nuheara limited

Hi Rig, it's a 3 year supply deal and the buds are the first...

  1. 582 Posts.
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    Hi Rig, it's a 3 year supply deal and the buds are the first product that they are mass producing for them. The production lines will be running hot just keeping up with necessary inventory levels for them to launch. It is ongoing, not just an initial batch order, which I thought was clear in the original announcement, but maybe I didn't realise that some may think it's a once off buy, it's definitely not, we will be supplying them ongoing in high volume. At some point in the distant future HP might decide to build their own, but I think it's highly unlikely any time soon, that's why they went into the OEM arrangement in the first place.

    Hope that puts your mind at ease. The 4C and definitely the 4D will confirm this.

    GLTA
    Last edited by stocktrade: 11/07/21
 
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