UNT 0.00% 1.5¢ unith ltd

Ann: Trading halt, page-76

  1. 986 Posts.
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    "None of the big holders are selling and I doubt they will next week as they are the ones buying the CR"

    Are you saying that those participating in this CR are likely to hold? I was under impression that all the previous CR's that CM8/UNT have done in the past, the majority of those participating sell the instant they can if they make even a pip or two. Sometimes they even sell at a loss and are banking on the free options is where they may make a buck or two. I don't know this, this is based on market volume and SP I observe, and what people on HC claim (which I know, I know...).
    I don't have to opportunity to check the registry myself, and I'm not a big enough investor to pay for one to be sent to me, so this is all rumour and hersay, but watching how the SP dips straight after the shares are released, it seems to be the case.

 
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