There is a couple of places in which NUH could hit 7c again...

  1. 1,421 Posts.
    lightbulb Created with Sketch.  58
    There is a couple of places in which NUH could hit 7c again namely;

    1) Within 4-8 weeks when NUH is reality checked again by their next 4C and cap raise. The next 4C is due within 2 weeks. Now if your SP is high which for NUH it currently is - a company is more inclined to use that time to cap raise at a higher amount before time dwindles the share price away (which is what happens when a company is at the developmental milestone stage.) Generally, when a company is in its production stage being cash flow positive and building receipt numbers Q on Q time will do the opposite (make the SP move up.) Considering NUH does not have much cash in the bank it may use it's current favorable share price to cap raise.

    2) The second point in which NUH could hit 7c mark is in 3 to 6 months when time once again pulls the share price down due to a lack of developmental stage milestones and an expectation from the market that NUH should be starting to produce more production stage results i.e. reasonable receipts than developmental stage milestones i.e. "hey look at our shiny new product we just launched". Even if NUH cap raised now at 10c so there was no longer the threat of a cap raise and lets pretend NUH still had enough gloss and excitement attached to its name to allow the share price to sit at the 10c area for a while longer after the cap raise - that gloss starts to wear off in time if production stage outputs don't start to increase. And lets be frank - NUH most likely wont magically increase receipts with its new range for quite a while.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.