From my info the Capital raising was undertaken to allow instos to take a stake in UNI.It was oversubscibed first day,& I agree the share price will be heading back to the $3 mark shortly.
I also feel the appointment of Gerald Verollet is a great move.His contacts at WHO & his renumeration package is heavily weighted to 1 million options exercisable at $4.34.You would assume he wouldnt be coming from France if he didnt expect the share price to be a lot higher in the near term.
I feel once the TGA approval is achieved in the first quarter of 04 these prices will be very cheap.
Good luck
GMc
great move by management!, page-2
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Last
$7.92 |
Change
0.170(2.19%) |
Mkt cap ! $607.6M | |||
| Open | High | Low | Value | Volume |
| $7.79 | $8.00 | $7.63 | $1.026M | 129.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 4827 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| UNI (ASX) Chart |