The performance of the sp has been nothing short of amazing...

The performance of the sp has been nothing short of amazing since what I see as the 'iffy' nhs announcement. Perhaps they have sold the dream to a big investor or two and that has helped keep the sp buoyant? Incidentally I watched the fyre festival doco the other night; big investors can make dumb investment decisions too despite/(sometimes because of?) their access to ceo's etc. No I am not comparing nuh to fyre festival, just saying that big investors, like small investors, also get it badly wrong at times.

I think until we see sales traction it is reasonable to suggest there are more capital raisings to come. That is unless there is a bit of a left field event which can solve the funding problem. It's damn hard to keep a business going when you spend more than you make with no end to that trend in sight.

None of us have a crystal ball but I will have a go at some predictions just for the sake of it:

1. nhs to be a fizzer for nuheara. ie not a significant source of income
2. no takeover until evidence that the market wants the product
3. 3 more capital raisings (ok this is a guess, at least 1 more is very likely though)
4. increasing shareholder frustration and a decline in sp

BUT - will NUH maintain their technological advantage?? I can't even guess and in some ways maybe this is the most important question for long term holders.

GLTA - I don't rule out buying back in at some point (if certain things change) but just putting this point down for the purposes of full transparency, I have no intention to buy back in at present.