I can understand that an attractive premium of around 5c per share might have been necessary to raise a quick $1M and that selling off the issue is the "bird in the hand" with no further risk attached. I wonder if the recipient(s) of the issue did sell out, and if so, however brief the holding, will the recipient(s) appear on the share register. I had hoped at an early stage that it might have been an inside deal in anticipation of cashing in on a big announcement before 31st May. Mention of a CR, however small, can flush out a lot of sellers. The fact that the CR was small may be a positive sign in that it may be all that is required to sustain NUH in anticipation of a forthcoming deal or better financial outlook from sales. NUH needs that firm capital base to settle the nerves of holders. It is flapping its wings but not yet flying.
Add to My Watchlist
What is My Watchlist?
