Agreed Toohey. It doesn't take genius to work out when expenditure exceeds revenue you go bust.
Bleeding $6,000,000 a year with only 1 more quarter of funding left - I repeat my view of the only option left now is an Insto Placement and soon.
They can't hit up holders for another SPP after the disaster of the last one - those who partook are still -45% underwater, when they could have put that money in a fixed term and got 6.45%+
Time is just about up on UNT. It is already below shell listing price, leaking money and their subscriptions sure as heck ain't worth $6,000,000 a year... and as for 'let's leave it to management' haha.. yeah great investment strategy - NOT!! Trust YOURSELF and what maths and facts are telling you!!.
Bottom line, without a 7 figure contract in the next 3 months... duster... IMHO DYOR GLTA
Agreed Toohey. It doesn't take genius to work out when...
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $15.90M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $2.35K | 176K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2429110 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 918086 | 7 |
View Market Depth
| Last trade - 13.26pm 07/06/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.3¢ | 388879 | ||
| Last updated 13.51pm 07/06/2024 ? | |||||
| UNT (ASX) Chart |