Well, early days yet, but not as horrendous as it could have been....with my rose-tinted glasses firmly strapped on I can see a secondary support at $1.29...however, as SBVB has pointed out, there's an unfortunate micro-trend developing with the NASDAQ trading down, ASX follows, NASDAQ follows ASX, ASX follows NASDAQ...we've got parity all right, just a little sub-par at the moment...a Shrek-like game of pin the tail on the donkey...and everyone asking, are we there yet? Still with the rose-tints on, and considering the markets were rubbish overnight, that was a nice pull-back off the low, mirroring NASDAQ and the Dow.
So all-in-all, could've been better, could've been worse. Never pleasant seeing unrealised gains evaporate, however nothing that a pertinent announcement or two wouldn't fix....imagine there have been some interesting phone calls between Unilife HQ and Computershare....tripped up by incompetence beyond your control...nasty!
UNS Price at posting:
$1.32 Sentiment: Buy Disclosure: Held
