UNT 0.00% 1.5¢ unith ltd

The timing of the public launch and recent interest it has...

  1. 3,188 Posts.
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    The timing of the public launch and recent interest it has brought to the SP bodes well for the recent UNTAQ options (~74m options expiring 30/9/24 exercisable at 2.3c each) that were issued in the latest cap raise. Kudos should be given to Idan, Management and Directors for pressing forward with the DH self service platform public launch to get it ready prior to end of Sep.
    As the options aren't listed I think a bunch of option holders will forgot they even have them (as you don't see them in your ASX broker list).

    If UNT can get up to trading in that 2.5c-3c range by mid Sep (and maintain it - quite possible) I'd say 70-80% of the options should get exercised (even more if Unith get on the blower to let option holders know they are in the money). 70-80% would bring another handy $1.2m-$1.4m into the UNT bank account ($3.8m as at June 30) providing a strong 9-12months cash runway to support a growth campaign to drive the self serve DH's platform.
 
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