LOL, it is a bit quiet, to be honest $1.14 is a few cents better than I expected, still staggered to think that some holders thought the SP would be barely affected. What still puzzles me is the spike in the price leading up to the announcement of the cap. raising, it doesn't make any sense unless the rumour was that it was going to be a rights issue. I've been involved in a lot of cap raisings/SPP's lately, and the SP normally heads south as soon as the market gets wind of it, except if the record date gives traders a chance to buy in and be eligible.(thankfully that didn't happen here, the scaleback will be large enough anyway). Hopefully the new shareholders aren't going to dump them for a quick profit. Incidentally, if the options get back into the money enough to be exercised, often the optionholders sell existing shares to fund the conversion. It would be nice if all holders had that opportunity.
UNI Price at posting:
$1.14 Sentiment: Hold Disclosure: Held
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