General Discussion, page-4311

Unith is not alone in this predicament, because the market is going through a phase where free cash is being removed from supply. Higher interest rates, higher energy prices are significantly affecting peoples daily lives and the excess cash from Covid is gradually being removed.

The Reserve Bank is still jaw-boning about higher rates being a possibility and until people see that rates are coming down they will continue to act in a reserved manner. Once the uncertaintly is removed the market will go higher and the accumulation at low levels will pay off.

Don't be concerned about the downrampers, it is June and the best time of the year to pick up cheapies. The only reason they are here is to flush out some weak hands and grab a few. They have no effect on the fundamentals of the business.

I always liken them to the Tramps that follow folk around in the city looking for discarded cigarette butts, just to get a couple of puffs of smoke, only in this case they are looking for discarded stocks.