UNT

2.50%

2.0¢ unith ltd

Time did tell! How's that cr theory going ??

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04/09/23

10:33

Post #: 69716437
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Originally posted by jbr055: ↑

MY 2 CENTS

Lower Highs and Higher Lows - definitely a pennant formation at play..

Option 1: If 2.5c doesn't hold - I predict a deliberate down drive for an Insto placement @ 2.0c
(Retail suckers pay 3.3c while instos pay 2c - big 'f u' to retail holders)..

Option 2: Bounces off 2.5c, strong revenue based announcement and up and away...

Given they are quickly running out of dough, an insto placement and Option 1 seems pretty certain at this point.

Even if they had a good announcement to make, common sense says any institutional investor is going to be talking to them about getting in at the lowest price possible (2c) getting a zillion shares, UNT getting $$$ millions to fund growth and THEN an announcement - up goes the SP (from 2c to 3c) and they make a motza (50% profit instantly), before retails investors get a dime. Then keep SP between 2 to 3c forcing you lot out (sub 3.3c).. That's what I'd do..

View attachment 5536072

All of this is IMHO. Feel free to disagree, time will tell.. Anyone who thinks companies care about the 3 people who turn up to their presentations as opposed to sucking up to instos giving them millions is dreaming..

Look at today's action - someone is desperately trying to dump out at 2.6c and even bought a few BS shares at 2.7c waiting for someone to offer to buy at 2.6c. So if you want cheap shares at 2.6c today is your day...!! Put up an offer..

DYOR GLTA

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Time did tell! How's that cr theory going ??

UNT Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change -0.001(2.50%)		Mkt cap ! $23.93M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$1.092K	56K

Buyers (Bids)

No.	Vol.	Price($)
16	2576958	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	455799	4

View Market Depth

No.	Vol.	Price($)
16	2576958	0.019
8	2959722	0.018
10	2058362	0.017
7	1742500	0.016
4	2060000	0.015

Price($)	Vol.	No.
0.020	444299	3
0.021	207886	3
0.022	830978	2
0.023	1154714	4
0.024	1185120	5

Last trade - 13.26pm 06/09/2024 (20 minute delay)

UNT (ASX) Chart

Time did tell! How's that cr theory going ??

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Time did tell! How's that cr theory going ??

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