UNT 5.00% 1.9¢ unith ltd

Start ups need cash to develop the business model.An investor...

  1. 12,580 Posts.
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    Start ups need cash to develop the business model.

    An investor purchases shares in a stock knowing that it will incur CR's and placements on its journey.

    Idan has been prudent in using company cash, he is developing a platform that will be self-sustaining whilst "major" projects can be pursued.

    There appear to have been issues on the board with comments suggesting one director may be playing a double game with activities not aligned with the UNT Business model. This matter is being dealt with according to the correct procedures.

    If the bigger picture is taken into consideration and the business model presents substantial revenue over time, then the current share price adjustments under 3 cents will be an opportunity for long-term investors to adjust their position in accordance with their available cash.

    I never buy options - ultra-high risk, you might make a buck with a cheap entry point but you must also be prepared to lose your stake, particularly with start-ups.

    This package is coming together as the internal conditions/board are adjusted and the clear air will then prevail to move forward without impediments.

 
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Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $23.32M
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1.9¢ 2.0¢ 1.9¢ $51.96K 2.713M

Buyers (Bids)

No. Vol. Price($)
9 2912032 1.8¢
 

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Price($) Vol. No.
2.0¢ 981401 5
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Last trade - 15.02pm 17/09/2024 (20 minute delay) ?
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