The trade was made after the material announcement that the debt had finally be refinanced which really should have been the catalyst for movement. Yesterday's announcement was barely material, hardly see how it warranted such a high rerate so I don't buy any arguments of wrong doing.
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I'll be very interested to see what happens today and next week and wonder if there will be any change in, or new, substantial holding notices forthcoming.
Without denying that the MC is now starting to look a bit more respectable, my gut feeling is that some hysteria entered the market after such a strong opening and punters were just chasing the money with quite a bit of FOMO built in.
The company now needs to produce numbers that will sustain the increase going forward and we might have to wait until the half yearly report and the final outcome of the strategic review for that catalyst.
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $19.57M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $18.5K | 1.156M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 829999 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 665352 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 829999 | 0.015 |
9 | 1985800 | 0.014 |
8 | 4188153 | 0.013 |
8 | 3747249 | 0.012 |
6 | 2680818 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 665352 | 7 |
0.018 | 653178 | 6 |
0.019 | 2103336 | 6 |
0.020 | 1012005 | 4 |
0.021 | 573572 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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UNT (ASX) Chart |