Re:shareprice, page-34

I think we can all trust Justin's comments that the pre-order inquiries were overwhelming.

We all know he does not overstate anything ..... as per the highlighted quote, in the extract below, from the interview he did with The Constant Investor, posted by @gengoogle yesterday. It's a great read, and the link is at the bottom of this post., in case you missed it.

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"What is the cash burn running at right now and have you got a target to shift it into the black, a target time? Yeah, look we’re very careful about that. I mean, it’s still early days for us so to put those projections out there is a very difficult thing for a small business and something we’re very cognisant of, and particularly in relation to how tech and very much of recent times has been regarded on the ASX.

So, very careful with what we do put out there, we’re very factual, we’re very careful not to mislead because at the end of the day it’s about building a credible business and I think we’ll continue to be cautious as to how we push out those particular numbers but I think from a cost efficiency point of view, if I can touch on that, if we don’t manufacture, if we don’t market, then the cost to run the business is quite minimal. We’ve got a global business that’s got 30-odd people, it’s not a hugely expensive business to run and it’s got a lot of smart people, that makes a difference."

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My wife and I have gradually placed our money and faith in Nuheara's management over the last 2 years, with each milestone achievement. We are happy to continue, to trust the managements judgement, their frankness, their honesty, and their credibility.

We believe Justin, when he uses the word OVERWHELMING!


https://hotcopper.com.au/threads/nuh-media-thread.3155798/page-4523?post_id=32135677#.Wr6oh4huaUl