According to the ASX website:
Plus, a further 137,931,034 will be added on Monday as part of this CR. Very interested to see how many are held, and how many are dumped while they hold onto the options.
I hope they realise that the last quarter, receipts from customers was up 24% on the last quarter, and was the biggest quarter of the last 5 quarters. Since that report was released, the SP has dropped 33%, which is crazy given the figures show that UNT is actually heading in the right direction. These should not be sold at these discount rates.
But, I have zero faith in sophisticates, and I suspect we'll have to churn through around 120M shares in the short term.
We'll see what happens.
Interesting what the 3c options will do when they are released next week. They do come online next week, don't they?
The ASX already has a place holder for it:
Ann: Trading halt, page-130
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.12M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $5.235K | 373.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1202011 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 813482 | 3 |
View Market Depth
| Last trade - 11.02am 21/06/2024 (20 minute delay) ? |
| UNT (ASX) Chart |