While it may be true the a sell down will take this under the raise price, the others that are left holding the bag will only be in trouble if UNT doesn't see a rise in revenue, or poor update on the platform in the coming months.
I'm participating in the raise because I believe we're on the cusp of seeing tech being released that has a real market, and will be turning a profit in the not too distant future. If this is the case, it doesn't matter what happens with the SP in the next week or three. It's all about how the company performs in the medium to long term, not what profit takers do in the short term.
Value Projections:, page-60
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.32M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $51.68K | 2.711M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5387666 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 226629 | 3 |
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| Last trade - 15.36pm 12/09/2024 (20 minute delay) ? |
| UNT (ASX) Chart |