NUH Action Group, page-57

Good post Trickster.

The Major Shareholder Group have certainly made a very substantial Investment into this loss making Company.

That is why I can - sort of - understand the action taken by the Major Shareholder Group.

If they sat back and did nothing, then the Company would have either been:
- Taken Over by Realtek, or,
- Liquidated.


They have decided to Takeover and Take Control of the Company to try to salvage part of their substantial Investment.

However, the Question is whether spending an additional $6M to $16M to try to salvage that Investment is a good idea.

It could be that they are just throwing more good money at a bad Investment.

We will find out in the next 12 to 18 months.