Thanks @DrJarkos. I too would really like to see all of the early retail investors in this company rewarded for their effort and endurance. The "big sell down event" was tough for holders to endure, but endure they did and many took the opportunity to save their $ and buy more.
I've been in the stock about two years now and one of the most profound understandings I have come to of this stock is that I have no idea what it could be worth.
Some are valuing it by sales - that ignores the future.
Some are valuing it by the business - a business that's proving itself to be dynamic and well managed.
But on top of that we need to value the technology. To me that's the golden egg. Technology that's a game changer in the hearing market. The same technology that is taking a slice of the earbud market - a slice that will grow with Live IQ - and a market that's exploding.
As I've said before - Doppler thought their technology was worth something like $555m USD some time ago now. The big five were sniffing around them at that price:
https://www.wired.com/story/inside-the-downfall-of-doppler-labs/
Where Nuheara are at now, and the multiple markets opening up to their technology, we can only guess where this company may go to.
Nuheara are pretty much currently owned by retail investors. Most of the funds who got in at credit raisings have sold down their holdings. Nuheara is only 36% owned by the Top 20 (Fri 9th March)
I'm happy for us to sell say 5-10% of our company to Cochlear perhaps or even Sonova (if its non-exclusive). But the rest of the company. Lets hold on and see where it goes to.
As DrJarkos said "hold onto that feeling".
As Marcus Padley said don't let this be one of "the ones that got away":
https://marcustoday.com.au/webpages/832_education.php?guid=5febee425ba37bbae6090475fd1baecf&id=30598
Good luck with your holdings this week. (Especially all Nuhearians). The game has changed.
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