Not too sure what to make of it. The actual run rate number of shares transacted has increased by less than 1% either side of 22 Sept so not convinced there has been a rush to sell by original owners.
You are right about the share price however my view is the pursuit of growth, urgo revenue, has cost money however the fundamentals for a truly global business are being rolled out when you read the strategy for top clients in top markets.
What is clear is one has to defray profit short term to build growth long term. In this case maybe the market and/or a shareholder doesn't appreciate that.
We all invest for different reasons and often short term profit is inimical to long term growth
UBN Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
