UNT 5.88% 1.6¢ unith ltd

I wouldn't say suckered at all. Dom is well aware of telco...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,485 Posts.
    I wouldn't say suckered at all. Dom is well aware of telco regulations. Probably more like a public company, cleaning up a private one. Removing risk.

    Like someone else has said, no problem with this. That's good business. But from commentary it sounds like the company as a whole is still learning.

    To come out and say they underestimated the acquisition handover is a big move. But it's also fixable, and much better than the potential problems that I had in mind.

    There's also the olive branch in regards to the cost review and restructure, which I imagine would be normal practice anyway.

    At least they are addressing shareholder concerns.

    At 10c, even with only $40m sales and 20% margin it looks attractive, especially as internal projects start to pay off and come online.
 
watchlist Created with Sketch. Add UNT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.