UNT 7.14% 1.3¢ unith ltd

General Discussion, page-3894

  1. 781 Posts.
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    So many competing bargains on the ASX small caps.
    Like a big bag of lollies to choose from.
    Just be careful not to get the black ones.

    Possible ressesion coming.. 2006/7 deja vue here. You think they are cheap now.. Wait until the s..t hits the fan. US markets at all time highs now with no buying UNT at bargain prices.

    Young people into cripto and US market and no coin available after mortgage payments. Insto's must be in a similar position.
    Need to stay very safe as when liquidity drys up, small caps who run out of cash go belly up!
    I'm not saying liquidity is bad just now but it could be at some stage.

    That's why I'm happy to be very overwmeight Unith as I reckon they have enough cash to survive any market capitulation.

    My other favourites LNU, SPA, 3DP, YPB, FRX, BEO, WHK, IMC, ADS, X2M, FTC. - all have potential but all are 'playing with fire'
    So I couldn't in anyway recommend them as none have a cash buffer like Unith has!
    Last edited by conrad11: 21/05/24
 
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