UNT 6.25% 1.5¢ unith ltd

CM8 Chart Indicating Breakout to UPSIDE, page-2546

  1. 3,663 Posts.
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    UNT price action movement today VERY POSITIVE for further upside.

    We saw the price retrace to fill the gap to 2.7 and close at 3.1c to finish the day with a KEY REVERSAL BAR.

    Quarterly out next week and we should expect IMO higher revenues to finish off a very positive quarter.

    During the recent roadshow Idan did say there were many opportunities and they were being very selective on who they would work with.

    This obviously is because of resources available.

    Im expecting a good quarter result and UNT to have a re-rating to see our share price head above 6c.

    While I am not a fan of schapera I do agree with his comment that if we were a new IPO and listed on an alternative market we would have a market cap of at least $200m. I would put that at a higher amount which would give us a share price above AUD$0-35c per share.

    With what is happening in the chatGPT market one could more or less compare this to the lithium market.

    UNITH being in the right place at the right time.

    It will be interesting to see where we are sitting in the next few weeks as we see maybe a few more announcements with more HIGH END TIE UPS

    For those that have a long term view and not a few pips view IMO we will be certainly well rewarded over the coming months.



    https://hotcopper.com.au/data/attachments/5003/5003519-a6b28bc54282cfdb717de09bbc784771.jpg
    Last edited by Diabloracer: 27/01/23
 
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1.5¢
Change
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Mkt cap ! $18.43M
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1.6¢ 1.6¢ 1.5¢ $59.21K 3.926M

Buyers (Bids)

No. Vol. Price($)
5 2989300 1.4¢
 

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Price($) Vol. No.
1.5¢ 1217918 2
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UNT (ASX) Chart
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