Yes, I sold my UMG at a profit as when management would not say even from which country a client incurring an A$16 million bad debt emanated, it was time to liquidate my holding.
There are some factors at play with UMG that it cannot control, such as previous government overreach with COVID-19 restrictions, but factors that it can manage have not all been handled well in my huimble, outsider's view.
The Chairman at UMG needs to depart. I recall how unimpressive he was when at the Business Council of Australia.
In contrast, GNC seems quite well managed.
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Last
$9.03 |
Change
0.000(0.00%) |
Mkt cap ! $2.025B |
Open | High | Low | Value | Volume |
$9.05 | $9.05 | $8.96 | $4.602M | 510.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1222 | $9.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.04 | 2557 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1222 | 9.010 |
1 | 56 | 9.000 |
1 | 2557 | 8.990 |
4 | 4471 | 8.980 |
3 | 5274 | 8.970 |
Price($) | Vol. | No. |
---|---|---|
9.040 | 2557 | 1 |
9.050 | 2557 | 1 |
9.060 | 3557 | 2 |
9.070 | 5895 | 2 |
9.120 | 45 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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