Hey gassedI here what you are saying, But there are examples of...

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28/03/24

10:38

Post #: 73099321
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Originally posted by gassed: ↑

Frankly, the biggest hurdle for Unith to be a $Billion company on the ASX, IS the ASX!!!
Unith now has over a billion shares, which, really, is fortunate, although it has caused much dilution. Liquidity is VITAL if a company's SP is to attract the likes of Fund Managers, Institutions and major equity seekers.
There's only been 3 days in the last 21 trading days where the volume has exceeded 10 million, and that's during a CR and Placement!!!!
Prior to that, in the 6 and a half months before 13 Feb, there were only THREE days above 10 million. THAT is a significant hurdle to overcome. At the moment Unith is only listed on the ASX ($9 billion MC) and the Frankfurt Exchange ($2 billion).
They are not NASDAQ ($37Billion). Maybe, that's something that Management could be looking at, but, it also comes with greater risk?

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Hey gassed

I here what you are saying, But there are examples of tech doing very well on the asx

Wisetech is a standout example https://hotcopper.com.au/asx/wtc/discussion/ @ $31Billion
Unith has the right tech and has built the right team,
we just need the patience to let it play out !

The cost of listing in the US would be way more than we could afford atm
and i feel that we would be swimming with BIG SHARKS in their tank,
and as a result we would be eaten before we had a chance to grow big on our own.

just my thoughts, Just like the roman saying! Build it and they will come !
we have built it ! Now let them come to us !!
cheers

UNT Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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