UNT 0.00% 1.5¢ unith ltd

General Discussion, page-2317

  1. 4,771 Posts.
    lightbulb Created with Sketch. 1119
    Currently 90,734 shorts reported on ASX. Thats $1,620 worth of stock. Why on earth would anyone do that?

    https://hotcopper.com.au/data/attachments/5928/5928328-308b00cd260d690c53999ba5549e08cc.jpg

    UNT has increased more than four-fold in size since Shapira and Co came on board 4.5 years ago. Back then the company had a market cap of $4.4m and a share price of $0.020 and now the market cap is $18.8m. Such is the power of dilution and with more to come, the market cap will grow.


    If UNT is the new Canva as Diablo claims, then why didn’t Idan wait at least a few weeks to let his glowing 4C get some traction and work its magic before calling a CR, after all, the 4C states they have enough cash to get through to the end of June. I acknowledge cash will soon be required however why was he in such a hurry, that’s the question in my mind.

 
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