UNT 6.67% 1.6¢ unith ltd

I do see the price falling too, maybe not quite as low as...

  1. 124 Posts.
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    I do see the price falling too, maybe not quite as low as 4.4/4.5 but not far off it. There's no buying volume and we're short of quality news. The half year results will be issued at the end of Feb (last year it was 28/02/20). If some news of substance is released before then, the SP will be supported. Without that I see the SP drifting lower.

    My strategy (which can change) is to keep a decent holding, but I have sold some on SP weakness and put $$$ into other shares. Will reverse that action over the following few weeks. I will then sell decent volume just before the results as I think the SP will start rising again as we get close to the results date. Results are unlikely to spectacular as there's not been enough time for ideas to turn into $$$.

    Just my thoughts. Good luck to all.
 
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