NUH Action Group, page-56

  1. 10,048 Posts.
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    Easily, actually its much more

    Farjoy alone spent around $7.5 for 7.9% of the company about 71mln shares back in 2018 then another several million to bring their average down over 2022/23 (say about $12mln)
    Fiago/Jamore put in around $10mln
    Both these guys tipped in $1.85mln combined for the "strategic review"
    Then there are the rest of the proponents who combined put in well over $5mln
    Then there is the amount to keep the lights on during VA $1.3mln
    Then the $6mln via Orrechio to exit VA with 100% ownership of NUh and the IP

    So you are looking at around $36mln invested/spent so far.

    Add in at least $10mln to keep it trading for the next 12-18 mths.

    You are up to at least $46mln. Market cap at last trade was $20mln approx

    They could not get a buyer while in VA to save themselves

    You can also see why the shareholder committe decided to ditch the rest of the NUH shareholders and give the zero




 
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