UNT 0.00% 1.6¢ unith ltd

General Discussion, page-1986

  1. 22,024 Posts.
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    Just for interest. UNT, a very small cap, has been operating in an extremely depressed market for small cps in general. Nearl ALL of them. Now, The Dow rose 8% in November and another 270 points last night. The ASX rose 3.5%.
    The Dow is just a few ticks away from its ALL TIME high, just another 200 points.
    The ASX200, however, is still over 500 points away, over 7% below.
    Suggests to me that there is some catching up to do and that the major thing holding it up is what the RBA will decide at it's next meeting. That's due on Tuesday next week, and after that lower CPI number, not stretching logic too far to say that it WON'T be a raise!!!! Could be a very positive end of the year that will help to restore some interest in the small caps. Enjoy.
 
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