UNS 0.00% 0.5¢ unilife corporation

US reaction

  1. 8,554 Posts.
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    have got no idea what will happen when this resumes trading tonight.

    But, in my experience, when US investors want into a stock, they just buy, buy and buy.

    Conversely, when they want out, they sell, no matter what the consequences, or the losses! Have seen it a number of times. Then sometimes, they will change their mind, and repurchase later on?!

    With this announcement, it has got all the makings of a "buy" for US investors.
    I guess they probably are buying now on ASX.

    But UNS is US listed, they know Amgen well, the UNS customers are big names, the funding issues of UNS appear to be resolved, confidence with Amgen investment, and a real growth story seems to be evolving. The product and business seems to be viable, and therefore there seems to be real growth potential. Thus the m/c of UNS is probably cheap given the potential of this Amgen deal.

    we just may see a feeding frenzy on Nasdaq tonight?? hope so.
 
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