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21/03/18
15:53
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Originally posted by najjaci31
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Hey mate, I'm a big believer with Nuheara, however we can't holistically assess the "sold out" status without knowing the quantities that Target ordered. One positive is that the product has sold out and that there is definitely interest by consumers which should then translate into retailer interest. The next few weeks will be very interesting in terms of the progress that Nuheara have made and how exactly distribution and sales have been progressing. I've stated it before, but I honestly would not want to be caught on the wrong side of a great announcement over the next few weeks. Even though we saw the impact of Friday's announcement, great pre-0rder numbers could potentially take Nuheara to well over 20cents. We seem to have established a great support level around 11.5/12. This seems to be a great entry point for interested parties IMO.
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Agreed. Over the last year we have sold out plenty of times in plenty of stores; it's always just been a question of how much