NUH 0.00% 8.1¢ nuheara limited

The top twenty used to hold 48% of the shares, maybe it is more...

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    The top twenty used to hold 48% of the shares, maybe it is more now. It is the large holders who can best apply pressure when needed. For example some rejected the unofficial Samsung offer because their average share price was higher than the bid. Farjoy had just rescued the company from a threatened director's sell off, buying his parcel at 12c, which was well above market price at the time. I invest/gamble in the share market knowing full well that small, speculative caps are a casino. However I have some regret in holding this one when I had early reservations about management when the pattern of no-follow-throughs and pivots began. Sure I can be critical, but I also make positive commentary and I still believe the potential for a recovery is there. Maybe that is why I'm still holding, however one of the weird psychological aspects of investing in shares is that the overwhelming belief that your holding may earn you far more money than if you sell and merely recover your investment far out ways the common sense notion of a bird in the hand.
 
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