Have not posted for some time but think most are missing the real news here.
Yes, no one is happy with share price but we are not alone and don't see many shareholders buying. The non-exec increase is a bit rich but pools are rarely used and not main news.
What is news to me and got my focus is we are issuing 29.9% to an investor for not less than 12 cents. Putting this in perspective is this not good news? A funded plan to cashflow sounds a good plan to slowly recover on a course upwards.
I think some comments are borne out of frustration and we all feel that but really this sounds like very positive news to me. I hope in coming weeks when announced it is a quality name that can help us recover from paper losses we are holding.
Don't lose sight of bigger picture......
UNV Price at posting:
9.2¢ Sentiment: LT Buy Disclosure: Held
