From my info the Capital raising was undertaken to allow instos to take a stake in UNI.It was oversubscibed first day,& I agree the share price will be heading back to the $3 mark shortly.
I also feel the appointment of Gerald Verollet is a great move.His contacts at WHO & his renumeration package is heavily weighted to 1 million options exercisable at $4.34.You would assume he wouldnt be coming from France if he didnt expect the share price to be a lot higher in the near term.
I feel once the TGA approval is achieved in the first quarter of 04 these prices will be very cheap.
Good luck
GMc
great move by management!, page-2
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$5.99 |
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Mkt cap ! $459.5M | |||
| Open | High | Low | Value | Volume |
| $5.98 | $6.00 | $5.82 | $718.6K | 121.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3795 | $5.90 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.99 | 3997 | 1 |
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