UNT 4.76% 2.2¢ unith ltd

Ann: Extension to Junior Debt, page-27

  1. 8,720 Posts.
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    Gassed I agree with most of your comment (except about the faith in Dom - I'm in because I'm underwater on this one and didn't have the discipline to cut my loss).

    DD - imo the more transparent the announcements from this company the better, there's too much history of weasel words and partial truths leaving out the key details. The statement on vendor debt level is a classic example - it would have been so easy to state the net debt position so we can see where they are really at but the chose to eave that out and all it does is beg the question of what is the full debt picture. The sooner the company learns to play information with a straight bat the sooner the market will respond positively when the full picture actually show positive progress.

    Cheers, Sharks.
 
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