I dont think anyone here would have thought that todays ASX action would be some underwhelming, nor would they have predicted it.
Avg daily only 50% up and next to no movement on SP... Compared to 3 times the Avg last night and a 20% jump in SP.
If anyone wants to suggest that todays SP on the ASX is a reflection of the deal then id love to hear that opinion. Compared to 24rs ago we are NOT in the same place, and we have a guarantee backing form one of the biggest players in the game.
Now if you thought it was going to be hitting .40+ today, then for sure you are feeling upset. However lets be realistic - this needs at least a 48 hour window "min" for us to have any gauge on how the market has reacted.
Id suggest by COB Friday night "US" is what you need to be looking at, and i cant see in Any Way how tonights action will be taking a lead for the ASX today......
Cheers
UNS Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held