Key activities since late 2020, page-15

Not a stupid question.

This is my basic understanding.

Listing a company on the ASX is an expensive and time consuming process.

The alternative is to find a company trading at a very low MC, take it over and back in a new project.

Often a project is looking for a home or a home is looking for a project. The home being a publicly listed company.

UUV and UUVOA are trading at levels that cant go much lower. .001 is the lowest on the ASX, thats 1/10 of one cent.

There is literally only two ways this can go - stay the same or up.

A new project of quality and, preferbly, in a hot sector is the catalyst for change. Its unlikely the "new" or Phoenix company will continue trading at the same levels.

This is the punch. General illustration and I am not referring firectly to UUV or UUVAO

Minumum bid and SP is .001.

If you buy a share at .005, then each increase must be at least .001 or 20%. Every .001 is 20%.

Little while ago I bought options of a gold explorer for .001. Every .001 increase up, was 100% gain.

Thats the leverage people talk about.

Just get an understanding of price catalysts.

ANY others wish to contribute?