Its not profitable, cash flow negative without government rebates. Market agrees, hence the share price and now being a micro cap.
You really do not understand markets and why we invest, too make money. I get it you are a cheer leader for UCM but the score board does not lie, the company not performing. If the cattle (products) are so good, might be time to change the coach (CEO, to use footy terminology) and see whether someone with a proven track record can turn the company around. I have seen Dave Williams do it to a lot of bio tech/medical stocks.
Rob Phillips has had 20 years, the share price action has pretty much been all one way; down. If he produces another crappy 4c Meng and other large share holders should start to look at a replacement.
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.759M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 46000 | 1 |
View Market Depth
| Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
| UCM (ASX) Chart |
Day chart unavailable