Can anyone explain why the sp has recently risen so quickly from about 60 cents to 90 cents and fallen just as quickly to 82.5 and seems weaker. Looking at the old charts seems this stock started off at about $1.50 and been sliding ever so low to abut 40's up to 90 c awhile ago in mid 2014 then below 50 cents now up on rollercoaster again.
I realise all holders want the price to rise going forward but a few more opinions about why the rollercoaster performance to date would help determine the future.
Has UNS had any capital raisings or likely to need some new money to fund their contract obligations to supply the products to Agents? All comments welcomed.
UNS Price at posting:
82.5¢ Sentiment: Hold Disclosure: Not Held