UNS 0.00% 0.5¢ unilife corporation

above $2.00 on opening, page-5

  1. TDA
    11,411 Posts.
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    Baggies I'll have a chop at that:

    -- But is there anything that could be/go wrong from now until then? The expected SP then? --

    The only real thing I could see going wrong is that we are denied Nasdaq listing, from the EGM report:

    "Subject to the SEC declaring our registration statement effective and NASDAQ approving our listing application,
    trading on the NASDAQ exchange is expected to commence in mid-February"

    I can't see that being the case at all as the company is being very meticulous about meeting all requirements etc. That being said if it were to stumble I'd say we would see 85c again, at least for a short period of time.


    -- I am interested (as we all are) on what people will think this could be come the 10th Feb. --

    To me we are currently flushing out any remaining short termers and a new wave will come through soon especially that T+3 will commence again soon. So I say we may get to see $1.70/80 just before listing on Nasdaq and then quickly followed by the $2 + mark. Where we settle after that is anyones guess as traders/speculators may leave, or we could simply see US demand outstrip smaller players and keep it on the rise.

    Personally I can see the market maybe giving a 30% discount to the $3.50 reports and we may see $2.45 or so during the months after Nasdaq. Then again the news flow from the company could change all of that with additional signings etc.

    All in all a very exciting time ahead for holders.


    All just my thoughts only:)











 
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