NUH 0.00% 8.1¢ nuheara limited

Can someone please correct me if I am wrong, but the signing of...

  1. 393 Posts.
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    Can someone please correct me if I am wrong, but the signing of a Non-Binding Letter of Intent does not mean the other party did ANY due diligence. The LOI is a very early stage of negotiations and only forms the basis of how the negotiations will proceed. This may have included an indicative offer which would have been subject to due diligence. If they didn't get past the LOI stage, my guess is NUH were not happy with the offer.
 
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