UNT 5.26% 2.0¢ unith ltd

Ann: Appendix 4E & Annual Report to shareholders, page-10

  1. 3,328 Posts.
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    "i could name plenty of ASX companies BRN, PET, MSB, 3DP that all went nuts with the smell of a big future before cash actually came in."

    Hi Conrad, I'm a holder of BRN and for the most part it was included in the ASX200 which attracted fund inflows and at the same time, lots of shorters, it's a very different stock to Unith in this way, way more volatile and much higher volumes so you can see the volatility in the chart, as the volume has pumped it and traders dumped it. I don't think you want a pump and dump type of stock in Unith as gradual growth is better rather than pump and dump. However the revenues is the main driver which investors want to see and also how the platform runs more than anything else.
    Last edited by Zacsydney: Today, 08:55
 
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2.1¢ 1637388 4
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