I can only speculate as to why Domenic resigned. A couple of scenarios come to mind: Maybe the board chose to have that hard conversation with Dom, which resulted in Doms' resignation. If so, that would indicate a culture of accountability at Unith and a display of solid leadership. Maybe Dom informed the board of needing to free up more funds and the intention of selling more shares when progress updates correspond to a significant rise in share price. Therefore resigning to avoid the negative sentiment that can result from such a ASX announcement. Who knows, if either speculation is on the money it is a positive for Unith. So, Solid leadership and given where Unith is in its development, a solid quarterly. Upwards and Onwards.
UNT Price at posting:
3.3¢ Sentiment: None Disclosure: Held
