If you are day trading, you will want the price to pop, collect your little gain and leave.
But for long term holders like me who look further and longer, whether it is a pop or a slow climb, my shares remain.
If a pop doesn't happen, I won't be fuming and cursing the management. When a pop doesn't happen, it is likely for the price to drop briefly,
when all the day traders exit because they were here expecting that short term gain.
So, a price drop does not mean this share is a basket case.
Realistically, UNT will be a slow climb initially after the release.
Having said that, the price can still pop when some big investors saw the potential and come in to take a big holding.
Who know what will happen in the short term? But UNT is definitely climbing albeit slower than most expected.
Ann: Unith to launch interFace in September 2024, page-149
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 (20min delay)
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $18.43M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $59.21K | 3.926M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2989300 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1217918 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| UNT (ASX) Chart |