agree. It’s all well and good to announce that if everything goes right, UNTO owners should be in the money.
Theres a massive BUT there. We had a 20% rise on the heads the other day. It’s not very often you get a 20% rise, and for us to get our UNTO’s worth something, we need a 20% rise 7 more times.
While I think this is possible, I don’t think it’s probable.
just think of around 300M shares that are / have been bought at 1.45 or 1.4 cents at the moment. If the SP suddenly rises to 4.5 cents, you can’t say a large proportion are going to continue to hold despite tripling their money. There will be some profit taking which will slow the rise down.
And let’s face it. 6 cents really is not the target. We need to see 7 or 8 cents or more to be able to support those who need to sell a few to finance the exercising of options.
If this gets over the line, i suspect its going to be at the eleventh hours.
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Open | High | Low | Value | Volume |
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---|---|---|
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11 | 2766811 | 0.011 |
8 | 2473000 | 0.010 |
3 | 1700000 | 0.009 |
2 | 1120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
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0.014 | 2740988 | 7 |
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