It's a waiting game. Unith have been saying for a long time, that the self service platform would be released at the end of the calendar year, so it's not as if dates are slipping. We had a reminder email sent out the other day from Emerald Financial, reminding us that the self service platform soft launch is coming in December. Granted, this is from a third party, and I'm unclear if they are just repeating what was in the last webinar, or if they have more recent information from the company confirming that they are still on track.
Definitely would be fantastic if there were announcements about deals being struck, but I suspect it's all hands on deck getting the self service platform delivered.
Personally, I thought that with the rise in subscriptions, and that side of the business being brought back in house, that the last 4C would've been more positive. But the explanation of the revenue model of telco subscriptions seemed to explain the lack of revenue given the rise in subs. Hopefully the subscriptions are being retained, and with the way the telco revenue is structured, we should see a more positive result in the next 4C.
Having said all of that, the AI sector is still hot. If Unith announces a substaintial deal, the SP will explode and any concerns about 6cent options being in trouble will be long forgotten. Remember the SP action in Nov-2020, when we hit 10cents, and that was just based on a crappy JV deal that didn't amount to much. If something substaintial comes, it will rise fast. It won't be a slow gain requiring months to get to 6c. If it does happen, it will happen in a very small time frame.
But, this is the hazards of buying micro cap stocks. Nothing is a given, it's all a bit of a gamble as to which way it will go. Given the burn rate of the last 4C, we probably have 6 months to get it right before having to look for a cash injection. I have faith that it will happen before that's required, but then, I'm a half glass full sort of person.
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.97M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $9.551K | 734.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 5130941 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 518236 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 5130941 | 0.013 |
13 | 2779513 | 0.012 |
3 | 902304 | 0.011 |
6 | 1488966 | 0.010 |
2 | 1100000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 518236 | 4 |
0.015 | 449000 | 3 |
0.016 | 715962 | 5 |
0.017 | 766142 | 4 |
0.018 | 1108178 | 3 |
Last trade - 14.34pm 13/11/2024 (20 minute delay) ? |
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