I am not in UNT for some increments in the quarterly to get the sp from 3c to 4c... I am here for an AI play THAT CAN HAVE A BIG CHANCE OF SUCCESS...
so the risk for me is losing my 3c that I have put on a UNT share - if it goes to zero or watch them try and develop any AI product that has some commercial viability... if they succeed, I am sure the market will not only price them RIGHT but even something stupid beyond our expectations... chances of this happening are say 1 in 20 or even less...
that is the risk I am happy to take on an AI stock for now... we all know that they "hype" comes in waves, we had our first wave 3 -4 months ago...now in a bit of a lull... the next wave will come when they have shown some improvements on their products and/or sign some decent customers...
all in all, I am happy to hold a lot of UNTO (0.006 ave) and some UNT (3c ave)... not interested in selling they double, will hold for a bit more than just a lazy double here looking at the prospects of the AI sector...
my risk is predefined... I am ok with that
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-17
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.57M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $20.82K | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1080000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 918627 | 7 |
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| Last trade - 15.54pm 19/07/2024 (20 minute delay) ? |
| UNT (ASX) Chart |