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UNTO Discussion, page-122

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gassed

21,252 Posts.

2066

29/02/24

13:56

Post #: 72671182
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Originally posted by peterlip: ↑

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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You guys are taking the UNTO story FAR too seriously. They are for a "different type" of person and they know who and what I'm talking about. Save your "investor" logic for the heads and save yourselves some time. UNTOs are not for the faint hearted purist.

UNT Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.001(8.33%)		Mkt cap ! $15.90M

Open	High	Low	Value	Volume
1.2¢	1.3¢	1.2¢	$620	50K

Buyers (Bids)

No.	Vol.	Price($)
3	88332	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	1240219	8

View Market Depth

No.	Vol.	Price($)
3	88332	0.012
11	2766811	0.011
8	2473000	0.010
3	1700000	0.009
2	1120000	0.008

Price($)	Vol.	No.
0.013	1240219	8
0.014	2526703	6
0.015	1452554	8
0.016	695715	3
0.017	992273	4

Last trade - 10.28am 09/07/2024 (20 minute delay)

UNT (ASX) Chart