UNT 0.00% 1.5¢ unith ltd

I think the cap raise stuff was just those guys being boxed into...

  1. 897 Posts.
    lightbulb Created with Sketch. 288
    I think the cap raise stuff was just those guys being boxed into a corner.
    I mean what can you say..
    I guess what anyone would say:
    If some one comes with big bucks, we'll look at the idea of taking it.
    Idan made it pretty clear that he is happy with a tight knit team of the right size. Any big changes will just stuff up the momentum.
    Plus the cycle is not ready for anyone with big offers I would think.
    And ahh it would be nice to work with a 200 million budget. Pie in the sky that isn't really happening in small caps ASX just now!
    They pretty much hinted any offer would need to be 6 cents plus.
    Again. They didn't bring it up, they were forced to talk about it.
    They have plenty of cash now so I think it was an error to let a Shareholder bring up the question.
    All companies of course would rather be listed on a bigger exchange or Nasdaq.

    just my opinions after watching The Unith Invester Briefing.
 
watchlist Created with Sketch. Add UNT (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $18.35M
Open High Low Value Volume
1.4¢ 1.6¢ 1.4¢ $9.698K 649.5K

Buyers (Bids)

No. Vol. Price($)
2 89767 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 918975 5
View Market Depth
Last trade - 14.11pm 06/08/2024 (20 minute delay) ?
UNT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.