Hi snake, at the current price of 2.40, UNI is still a reasonable bet.
But if you are a TA man, you better wait until its downtrend is over, before you take a position. From what I am seeing, UNI seems to be finding a lot of support above the 2.30 level.
The current share price weakness is due to a lack of news from the company (the last announcement regarding its product was out in mid-August), and the general weakness in the biotech sector.
I'll continue to hold this stock, as I have bought it from its first week of float, and am very confident it will deliver the goods.
Please read the Huntley's report and do your own research before investing.
Good luck
Hi snake, at the current price of 2.40, UNI is still a...
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Last
$5.99 |
Change
-0.040(0.66%) |
Mkt cap ! $459.5M | |||
| Open | High | Low | Value | Volume |
| $5.98 | $6.00 | $5.82 | $718.6K | 121.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3795 | $5.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.99 | 3997 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| UNI (ASX) Chart |