UNT 0.00% 1.5¢ unith ltd

Ann: UNITH Q1 FY24 Investor Webinar, page-32

  1. 880 Posts.
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    You need someone to give you a couple of hundred million free cash for your gold in the ground to get a share price increase in this market.
    Opps BEZ, they got it and the sp is back down..
    I think with high interest rates and many investors with mortgages in Aus it's just hard to find that spare cash to invest.
    Thats why I like 'some' small caps like Unith where a small amount could be just as effective mid term to get compounding returns.
    Companies without cash in the bank and continued losses won't be able to raise in this economy.
    I think Unith has a good buffer to succeed through to success.
 
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