A consolidation will artificially increase the share price. The SP can then fall further. They will take it private. Meng and Phillips are the likely beneficiaries imho. I doubt they want UCM to remain listed because the listing fees are an enormous cost to this business. Simple really.
Ann: Equal Access Buy-back, page-22
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.238M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 300043 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 31000 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| UCM (ASX) Chart |
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