agree. It’s all well and good to announce that if everything goes right, UNTO owners should be in the money.
Theres a massive BUT there. We had a 20% rise on the heads the other day. It’s not very often you get a 20% rise, and for us to get our UNTO’s worth something, we need a 20% rise 7 more times.
While I think this is possible, I don’t think it’s probable.
just think of around 300M shares that are / have been bought at 1.45 or 1.4 cents at the moment. If the SP suddenly rises to 4.5 cents, you can’t say a large proportion are going to continue to hold despite tripling their money. There will be some profit taking which will slow the rise down.
And let’s face it. 6 cents really is not the target. We need to see 7 or 8 cents or more to be able to support those who need to sell a few to finance the exercising of options.
If this gets over the line, i suspect its going to be at the eleventh hours.
- Forums
- ASX - By Stock
- UNT
- UNTO Discussion
UNTO Discussion, page-121
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
Add UNT (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $18.35M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $15.11K | 985.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 2571698 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 339726 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10274 | 0.016 |
13 | 2571698 | 0.014 |
8 | 3088153 | 0.013 |
7 | 3210583 | 0.012 |
6 | 2190818 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 350000 | 2 |
0.017 | 627466 | 6 |
0.018 | 2331750 | 8 |
0.019 | 853336 | 4 |
0.020 | 1319305 | 5 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
UNT (ASX) Chart |