Typically listed companies wanting capital to ensure progress are held to ransom, so to speak, by those like Peak who can summon the funds
Yes, they could’ve held out and hoped for a higher price but they obviously had a term sheet from Peak for that price and wanted the certainty of gaining the funds needed to progress the company through to commercialisation
It is what it is now and the dust will settle
Will be good to get rid of this SPP now and begin the steady slow climb upwards once it’s off the table
AI is the next major trend coming to the markets and once every man/woman and their dog jump on board over the coming years expect companies like Unith to be overvalued, not undervalued like at present
Unique opportunity here right now and it seems they’re cashed up to execute with the dedicated team in place which should see even a half successful company formed in this space, becomes a much higher valued co
I found yesterday to be the best webinar the team has conducted and feel way more comfortable with the team and vision than I have ever had over the past 4 years being invested
Well done Idan and Sytze
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