UNT

6.25%

1.7¢ unith ltd

I agree the AXS has tightened up on what ********* can announce...

First 4432 Last

Share
Profile

Follow
Martin01

682 Posts.

803

25/06/24

20:06

Post #: 74485990
Share

Originally posted by peterlip: ↑

Not so sure about that.
I think the big problem here is that no announcements seems to be taken as nothing is happening. The ASX has tightened up the criteria for announcements, and anything that is not significant is rejected it seems. Mind you, I agree with everyone, that we want to see something that is significant, nothing could please me more, as I want that SP back up there, and those unlisted options exercised.
But if it's just subscriptions that have money rolling in, some DH subscriptions, then we're not going to hear about anything until the next 4C. Unfortunately, it seems people who invest (gamble) in microcaps, want to see updates on a weekly basis, otherwise the sky is falling, and we need to clean out the management team. Not sure why they don't hold companies like Wisetech, a $30B company, to the same standard, where they only push out annoucements on a quarterly basis, and no one on that HC group are calling for Richard's head on a spike. Yes, yes, the SP is currently at a high ATM, but last year when it dropped 30% and there was no hand holding announcements over there, people seemed to accept the lack of communication from them, and fast forward 6 months, and the SP recovered.
Yes,UNT's SP is in the toilet, and its magnified by the June drop that UNT (CM8) has had every year for quite some time now, but it doesn't necessarily mean the market is correct, and this is the true value.
When you compare the SP today with 12 months ago, it's essentially half of what it was. With the platform almost ready to go, money in the bank, improved 4C's compared to the same time last year, improvements have been shown in the DH compared to the same time last year, it defies logic as to why the market feels this has half the value of a year ago. It was either over valued then, or under valued now.
I've still got a buy in that 1.2 queue because I'm assuming there will be a drop in this last week of the FY, but looking at this mornings movement, perhaps no. It's all guess work for us when working with a micro caps, and I think some here are making their guesses on zero information.

Expand

I agree the AXS has tightened up on what ********* can announce and what is classified as material PL
The Unith team could also communicate a sales pathway better.
I know they consider the launch of the API one week ago as a significant event [below]
Certainly without it, its not possible to scale.
The product was incubated by a Top 5 Tech Giant, likely Amazon, maybe another -
but you can't take that & replicate it to another company without the API.
This is what moves it from a digital human to a digital platform.(scale)

UNT Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

IMA

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

There are more pages in this discussion • 1,697 more messages in this thread...

First 4432 Last

Add UNT (ASX) to my watchlist

(20min delay)
Last 1.7¢		Change 0.001(6.25%)		Mkt cap ! $20.88M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.6¢	$6.813K	414.3K

Buyers (Bids)

No.	Vol.	Price($)
1	340000	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	720000	3

View Market Depth

No.	Vol.	Price($)
1	340000	0.017
5	2021853	0.016
15	2551999	0.015
8	2265510	0.014
7	3274277	0.013

Price($)	Vol.	No.
0.018	720000	3
0.019	1195000	5
0.020	1689579	6
0.021	1309625	5
0.022	658956	2

Last trade - 13.54pm 11/10/2024 (20 minute delay)

UNT (ASX) Chart

I agree the AXS has tightened up on what ********* can announce...

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Defence MOU for propulsion systems pushes Aurora Lab shares higher

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I agree the AXS has tightened up on what ********* can announce...

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Defence MOU for propulsion systems pushes Aurora Lab shares higher

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News