Definitely agree regarding the point made that the SP will...

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    Definitely agree regarding the point made that the SP will increase the closer we get to breakeven.

    Unfortunately, on the ASX and generally throughout Australia, companies that are not near a breakeven point or generating positive cash flow tend to have trouble obtaining funds or in Nuheara's case getting instos on board.

    I actually had a chat with an individual last week that is in a management position in an Australian SaaS start-up who did manage to raise a series A round but did have great difficulty, similar to Nuheara's early struggles in attracting fund interest due to their balance sheets not showing positive cash flow. Unfortunately that is the case with almost all tech start-ups as they tend to burn cash at the front end before even delivering a service or product.

    Considering the numbers done with IQBuds on Indiegogo previously, 3,000 pre-orders can't be out of the equation for Boost.

    Nonetheless, like the rest of the Nuhearians here, I will await for the announcement/s sometime in April.
 
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