General Discussion, page-1573

Isn't it more about believng that the company can execute what they have forecast, rather than Pitt Street got it wrong? I suspect the report's figures are based on what the potential is, assuming that they can execute what they are promising us. And I agree with the report, in that 2c is a steal, given what the potential is.
So often you see companies on the ASX that have little or no income at all, are in debt, but have (or claim to have) a good business plan that the market sees what the potential will be.
Given where we think this will be in a years time, the potential is that the SP will be at least 10c. If the market believed that to be the case, we should be closer to 10c today because the SP should be a forecast of where we're going, not where it is today. But we're only at 2c, 20% of that forecast. Does that mean the market thinks we only have a 20% chance of getting there? I'm pretty cautious most of the time, but I really believe that Unith has a far better probability of getting there then 20%.. Or thinking about it the opposite which I don't think they have an 80% chance of failing.
Unith has money in the bank.
Unith has revenue stream on a legacy business, that not only is growing, but is using elements of the talking heads tech, so is effectively beta testing aspects of the new division to a large user base right now.
Some of the biggest spends in the last 6 months were to promote this legacy business, so if things are getting tight and they want to concentrate on the new business, they can wind that marketing spend back to give a longer runway before it's crunch time for the new tech.
The self service platform will be soft launching this calendar year, and Idan always comments that things are on track to do that. Next week is November, so there's not a lot of 2023 left. We must be getting close to that soft launch.
I realise that people need to make their own financial decisions, and that there is uncertainty in some of the big picture events around the world that is causing some concern, but I really don't understand why people are selling today for 2c when there is a potential of a SP rise in the not too distant future.