UNT

6.67%

1.6¢ unith ltd

Ann: Notice of Extraordinary General Meeting/Proxy Form-CM8.AX, page-62

First 62 Last

Share
Profile

Follow
chillam

1,502 Posts.

25

05/07/16

18:22

Post #: 18199265
Share

Originally posted by qqqqqqqqq ↑

''DD, that was my initial reading of the CN ann from when it came out. What confounded me were all these speculative variations that weren't apparent from a straight read through. Maybe others were reading something more into the announcement, maybe between the lines''

Chillam,

IMO it is very simple - This CN was a last resort attempt to secure working capital going forward

With an EBITDA of $1m plus a month so they say - this approach has done shareholders no favours

Management have stated many times for the last 8 or so months - since Track acquisition that debt refinance is a major focus going forward

Quality banks or institutions perform proper DD on the business model

IMO,
The fact that CM8 have resorted to a CN with many conditions from 2nd or 3rd tier financiers ( venture capitalists )for many start ups or early stage growth companies- clearly indicates that the business model does not cut the mustard for a multi year loan or facility with low market interest rates from a quality bank or institution

IMO, it is very difficult to sugarcoat this CN - hence no support at these new all time lows

DYOR

Expand

q - I've now put you on ignore.
I can't stand you cr#p any more - enough is enough.
Good bye.

CM8 Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GRX

GreenX picks up prospective copper project in Germany

Is oil undervalued?

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

WGX

Westgold sets its sights on top five producer status through merger with Karora

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

There are more pages in this discussion • 112 more messages in this thread...

First 62 Last

Add UNT (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.001(6.67%)		Mkt cap ! $19.57M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$15.11K	985.4K

Buyers (Bids)

No.	Vol.	Price($)
13	2571698	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	339726	2

View Market Depth

No.	Vol.	Price($)
13	2571698	0.014
8	3088153	0.013
7	3210583	0.012
5	1690818	0.011
4	2303000	0.010

Price($)	Vol.	No.
0.016	339726	2
0.017	627466	6
0.018	2331750	8
0.019	853336	4
0.020	1319305	5

Last trade - 16.10pm 02/08/2024 (20 minute delay)

UNT (ASX) Chart

Ann: Notice of Extraordinary General Meeting/Proxy Form-CM8.AX, page-62

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Notice of Extraordinary General Meeting/Proxy Form-CM8.AX, page-62

Top Stories

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News