"In itself won't do much but will offer support for the viability of the company."
Well when the filings hit, there was some good buying. This was a very important step for UNDR to complete.
"The real story revolves around the requirement for financing."
Agree financing is important. IMO now that we've seen the filings. This should be a plus in obtaining non toxic financing... Also When UNDR signs a salvage contract, financing will be even easier to get.
The fact that UNDR has been fairly quiet this last year, yet still has a group who has no problem holding, speaks volumes.
GLTY
MNM