I am another medium term CM8 holder and my investment value has been whalloped almost 80%.
I look back and wonder what I did that was foolish.
I bought in around the Track acquisition and on paper it looked like a great investment with good returns from that subscription division. There was a strong foreseeable revenue, profit and cash flow. Valuation was also seemingly good with a forecast PE of well less that 10. And prospects of growth. I was also attracted to the overall business (as Solarpat said) given that it was developing (or as I thought) mobile applications and working with mobile payment systems which I saw as a growth industry.
I think my main error was holding on too long during the obvious slide backwards.
I have been dubious about the initial "influencer programs" as it seemed a bit buzzy and I can't get a real sense of the product from the company announcements and information. The references to Cryptocurrency is a bit weak too.
So, now I just hang on as my investment value has been reduced to small. I do think that the low company debt is a positive and perhaps the potential of the social media marketing business is a reason for hope. The other businesses of subscription and Q&A may stabilise and they at least provide cash flow and cover costs for the time being.
Let's see if the Social Media marketing business surprises us.
- Forums
- ASX - By Stock
- UNT
- Ann: Recording of Investor Call Available
Ann: Recording of Investor Call Available, page-30
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UNT (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $19.64M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.4¢ | $30.03K | 1.949M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2249378 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 361040 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2249378 | 0.015 |
14 | 3151739 | 0.014 |
7 | 2663461 | 0.013 |
4 | 1400000 | 0.012 |
6 | 1710818 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 361040 | 4 |
0.017 | 1190404 | 9 |
0.018 | 2090000 | 7 |
0.019 | 853336 | 4 |
0.020 | 887305 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
UNT (ASX) Chart |