UNT 5.26% 2.0¢ unith ltd

Ann: Notice of Annual General Meeting/Proxy Form, page-120

  1. 21,789 Posts.
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    D.D. How bleeding obvious it is how the SP has "performed" in the last 3 weeks??? Exactly how you have described it. If people haven't seen that over 90% of trades have been done at an average of much less than 20 cents, it is so clear that the vast majority of the price fluctuations have been caused by these small traders. With all the hype that has followed this company, very significantly just on this forum, which never forget is as much a punters' forum as an investors' one, and all that talk about 63 cents going back to the Wise Owl "prediction", who can possibly not understand what is happening with the S.P.? Nice spike from some big buyers after confirmation of the Track deal, nice profit for the rights takers and a juicy profit for the canny traders who punted that that's exactly what they punted on actually happening.
    You couldn't have scripted it better, a classic, obvious, market occurrence. There are still very many catalysts ahead to create smaller spikes, but, the real re-rating won't happen until those bottom line numbers that Holmes keeps talking about turn into reality (on the actual bottom line)!!
 
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