Yeah, I am. Any announcement is a good announcement because it is communication. Sure, they have been a bit quiet lately, but as most people will know, there are legal requirements for any business to conform to Australian legislation. Lying to or misleading shareholders results in investigation by certain government agencies, and penalties can range from fines to lifetime directorship bannings and even jail time. Any company that chooses to list or operate in Australia is subject to these conditions. So I don't think UTR would be stupid enough to make false claims in their audited reports just to screw over their small shareholder base. Each executive in this company needs the business to succeed if they ever want to hold a decent position in any other company, in Australia or anywhere (based on reputation). If any of them blatantly abuse the system or lie to investors, it's game over for them on so many levels.
UTR Price at posting:
0.6¢ Sentiment: None Disclosure: Held
