UCM 0.00% 1.5¢ uscom limited

Ann: Q3 Investor Presentation COVID-19, page-57

  1. 351 Posts.
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    CR doesn't make sense at all. the company is profitable, they arent burning cash. And have no infrastructure plans, nor aqcuisitions beyond the present - 80% of the shares are held by insiders 40% in two directors. Why would they devalue their own shares with no apparent reason?

    Ofcourse its always a possibility, but if your reasoning is simply an investor presentation, the Professor said he participated as a way of updating the market on the recent coronavirus events.
    Last edited by HarrytheCarry: 26/03/20
 
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