UNT 5.26% 1.8¢ unith ltd

General Discussion, page-5917

  1. 1,076 Posts.
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    there certainly are some impatient sellers, aren't there. But everyone has to make their own financial decisions. While it seems crazy to me that people are selling the heads at 1.8cents, they may have bought at 1.3, so are getting out with a tidy profit. Or are forced to sell because of other financial considerations in their lives.
    Unless you're in a position where you need to get out in the short term, I think we should relax, and just let others get in and out for whatever price they can. That seller of the 5.7M UNTAO's, has to be one of the top 5 (based on the 30-Aug report). Given Citycorp has been reducing their UNT's by 12M in the last few months, I suspect that it could be them offloading some options too. They have (or had) almost 28M of them, so that's my speculative thought of the day. I don't think it's nefarious. It'll be great if Unith continue to publish the top20 on the website on a regular basis. Helps explain what is going on without having to make a trip into the CBD to check the register.
    Hopefully we can get some good revenues in the next 6 months, and avoid a future CR, and that should be enough to see an explosion in the SP.
    Now that we're past 30-Sep, I think I may try and stop checking the SP on an hourly basis, and just check in periodically. Never good for the nervous system when we're in this sort of time, where we're waiting possibly weeks or months for some good news. The SP doesn't like these times. Its one of the hazards of investing in a micro cap.
 
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Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $22.11M
Open High Low Value Volume
2.0¢ 2.0¢ 1.8¢ $31.36K 1.644M

Buyers (Bids)

No. Vol. Price($)
7 1719223 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 417426 1
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Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
UNT (ASX) Chart
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