NUH - Nuheara Limited

[Trav.]

Unfortunately this is more of the same. Building a good launching platform but nothing to show for it, and I think that shareholders are waiting to see some increase in sales proving that the business is a profitable one.

 

[Trav.]

Oversold on news today ? I think so as people have become impatient ( yes that includes me ) and cutting losses for EOFY ?

 

[Miner]

Oversold on news today ? I think so as people have become impatient ( yes that includes me ) and cutting losses for EOFY ?

View attachment 95693

Frankly @Trav. I am in your club. This one has been sliding down constantly. Why can't it changes gear and from reverse goes to drive gear

 

[Miner]

NUH is going to disappoint its holders once again probably dismally once the trading halt ends.
https://www.asx.com.au/asxpdf/20190703/pdf/446bq17h68p4w2.pdf
Against a non binding price of 8.4 cents offer in April now the closing price was 5.5 cents on 2nd July. I do not want to speculate the price after the market resumes following trading halt.
https://www.asx.com.au/asx/share-price-research/company/NUH

 

[Trav.]

NUH is going to disappoint its holders once again probably dismally once the trading halt ends.
https://www.asx.com.au/asxpdf/20190703/pdf/446bq17h68p4w2.pdf

Yes another cap raise.

If only they took the offer for the buy out I am sure that we would have made some money.

 

[verce]

Yes another cap raise.

If only they took the offer for the buy out I am sure that we would have made some money.

View attachment 95882

Yikes. Are we finally going to cross the 1 billion shares on issue threshold?

 

[Trav.]

Some interesting details in a follow up announcement today

offer was pretty low ball at $.084 so no wonder they knocked it back.

https://www.asx.com.au/asxpdf/20190703/pdf/446bq17h68p4w2.pdf

 

[Trav.]

Some more news on the withdrawn letter of intent

https://www.afr.com/technology/tech...-84m-bid-for-a-perth-start-up-20190703-p523tq

Once the cap raise is complete and we are back trading it will be interesting to see if this news drives the SP up with a big name like Samsung circling NUH.

 

[Trav.]

https://www.asx.com.au/asxpdf/20190704/pdf/446dclh94fxjgz.pdf

Extract

Response to Media Speculation Date – 4 July 2019 – Perth, Australia

Further it its 25 June and 3 July 2019 announcements and in response to media speculation, Nuheara Limited (ASX: NUH) ("Nuheara") confirms that the party from which Nuheara received an indicative non-binding letter of intent (“LOI”) was Harman International Industries, Incorporated (“Harman”), a subsidiary of Samsung.

As previously announced, Harman withdrew the LOI and discussions with Harman have ceased.

The Board notes that it has had no indication that Harman or any other party will present any offer for Nuheara in the future.

Nuheara will update shareholders of any further developments in accordance with its continuous disclosure obligations.

 

[Trav.]

some brands in the audio range from Harman

https://www.harman.com/lifestyle-audio

 

[Miner]

Just have seat belts on for a bungee jump

 

[Miner]

Just have seat belts on for a bungee jump

https://www.asx.com.au/asxpdf/20190705/pdf/446dsh0vsb4nhp.pdf
Here U go - put the brake on and stop acceleration.
Time for me to quit

 

[Trav.]

Farjoy continuing to be the source of funds.

 

[Miner]

Holy God
Market liked with a north movement.
Interesting to demonstrate I dont read signals.

 

[Garpal Gumnut]

Thanks for an interesting thread, esp Hawks and Miner.

I believe you guys are being too hard on yourselves.

Boards such as NUH occasionally feel out of their depth when moving from Tech to having sharks circling as well as dealing with foreign legislation.

The board seem like very talented amateurs who may have employed someone from the Institute Directors to get them out of a spot. In other words get an algorithm and go with it.

In this case a capital raising.

I'm totally unimpressed with the chart.

Don't beat yourselves up and wait for an increase in volume before hopping in again.

gg

 

[barney]

Time for me to quit

So you are out Miner?? You still in @Trav.?

I haven't been watching for a while … just wondering whether the recent increase in Volume after the latest down spike might signal the end of the decimation? I hope so cause its been pretty painful for you guys. Unfortunately we all have a few losers at times. Just gotta keep swinging.

 

[Miner]

So you are out Miner?? You still in @Trav.?

I haven't been watching for a while … just wondering whether the recent increase in Volume after the latest down spike might signal the end of the decimation? I hope so cause its been pretty painful for you guys. Unfortunately we all have a few losers at times. Just gotta keep swinging.

@barney
I saw market and stayed back. You must be well taught in school where people studied Merchant of Venice, Othello and alike. I had to find out the relevance of ' decimation' with in Australian language..
I am still holding. Need to research more during weekend. Thanks @Garpal Gumnut for your posting.

 

[barney]

@barney
I saw market and stayed back. You must be well taught in school where people studied Merchant of Venice, Othello and alike. I had to find out the relevance of ' decimation' with in Australian language..
I am still holding.

To be or not to be Miner

Actually I am more inclined to watch "Upstart Crow" for my Shakespearean education

So you are still in …… its hard to let go when something misbehaves when it seems it shouldn't.

Technically the chart doesn't look great, but it also didn't look great the last time it spiked to these levels back in November 2018 … then proceeded to double in price in less than 3 weeks … so there is always hope

More research required on my behalf so will have a squiz over the weekend. Cheers.

 

[Trav.]

So you are out Miner?? You still in @Trav.?

@barney yes mate still in. I have been offloading over the last few months but still hold a few to many parcels. I will wait and see what happens over the next few weeks and will look for opportunities to get out as there are better trades out there.

At least the market responded well today and NUH closed @ $0.06. Lucky for the leak of news about Samsung / Harman otherwise we would have been @ $0.05.

Just looked at my buy trade dates and I have been in since 8 Jan 2018 so a bit to long waiting for this to pop.

 

[Miner]

To be or not to be Miner

Actually I am more inclined to watch "Upstart Crow" for my Shakespearean education

So you are still in …… its hard to let go when something misbehaves when it seems it shouldn't.

Technically the chart doesn't look great, but it also didn't look great the last time it spiked to these levels back in November 2018 … then proceeded to double in price in less than 3 weeks … so there is always hope

More research required on my behalf so will have a squiz over the weekend. Cheers.
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@barney for a Friday, asx closed, I am a bit digressing towards arts and literature. Being a Miner and of non English speaking please excuse me.
I liked you to catch Shakespeare.
But ironically only yesterday, I was speaking with a smart mid aged engineer with quote 'pound of flesh'. He heard it but did not know full meaning or source of it. Then I took the privilege to explain him Shylock Bassanio, Portia story. He was an English man. Back early nineties, I used to quote few proverbs and quotes (as an old habit) from English literature primary Shakespeare and Dickens. The Kalgoorlie people never knew of them. Thankfully I never quoted Byron, Keats or Shelley. .
Having said that, I am a dumb on charting still. So can not raise finger on others for sure.