Yokka .. we too bought in years ago at a higher price than today but just averaged down in the dips. Now we are ahead but happy to get more and further improve future the profits. We have held UNS for over 5 years but then again we held Apple for 15 years. Patience is a virtue.
Dino.. Unilife is a relatively young company even if its over 9 years, in terms of its still developing. It will only move to be a mature company when they get to regular T/over, regular profits and are paying a regular div. to shareholders. Till then they are a young growing company. Maybe in about 8 or 9 years when its about 18 years old we can says its no longer a young company but hope they will still be growing.
The shorts are already aware they are in a poor position but they cannot just give up and walk away. It is becoming very obvious that is why they are attacking so much at the moment. They have to try and rescue as much as they can. I would too. However we really believe Unilife will be a great (big) company in the years to come and we are more confident as time goes on. Given the shorts current actions shows Long Term SH are the ones getting into a stronger position now.
We cannot predict the short term, its too volatile but we do believe we know where Unilife will be in the medium to long term and so we will continue invest here when opportunities arise.
UNS Price at posting:
87.5¢ Sentiment: Buy Disclosure: Held
