In our defence. In early 2023, the SP was in the 3 cent range, heading for 4 cents. With the potential prospects on the horizon, it looked like 6 cents was a given. So I don't think it was a out of the question gamble buying UNTO options. Our problem was that the rolling out of the platform simply wasn't fast enough, and the legacy business wasn't giving us quarterly reports that kept the market on our side.
This experience has me cautious about the UNTOA's. I'd like to think they should do well, but at the same time, the risk of options also means I'm not putting the house on them. With UNTOA at 0.007, loading up now means we need to SP to hit 3.7 cents to make it back, more than double where we are now, and not unlike where we were in early 2023 with the UNTO's. Having said that, it does feel that the platform has matured significantly since then, and there seems to be a lot more interest than 18 months ago. Happy to hold the UNTOA's I already have.
Onwards and upwards.
UNTO Discussion, page-161
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