It amazes me the level of expectation that is being generated from the upcoming Investor briefings.
I have spent well over a month looking at the fundamentals of Unilife as a company.
Stretching back to 2008 and dissecting all market announcements, annual reports, both in Australia (ASX) and America (NASDAQ)
I have gone through all financial reports with a fine tooth comb. (I do have a B.Commerce/B.Accounting)
And my conclusions from a fundamental analysis point of view? All I can say is in the negative. I can not find any redeeming qualities about this company.
If someone on HC can convince me with evidence, and I mean directing me to qualified financial reporting data as an example, then I will reserve my judgement.
At the end of the day this stock is toxic, play it the way it deserves to be played, as you see fit, and at your own risk.
Good luck to all
UNS Price at posting:
96.0¢ Sentiment: None Disclosure: Not Held