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
$8.81 |
Change
0.030(0.34%) |
Mkt cap ! $1.976B |
Open | High | Low | Value | Volume |
$8.82 | $8.87 | $8.74 | $5.655M | 643.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2308 | $8.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.81 | 5799 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1818 | 8.770 |
1 | 2306 | 8.760 |
3 | 4615 | 8.750 |
3 | 4620 | 8.740 |
6 | 17464 | 8.730 |
Price($) | Vol. | No. |
---|---|---|
8.810 | 4620 | 3 |
8.820 | 2050 | 1 |
8.830 | 2050 | 1 |
8.840 | 2050 | 1 |
8.880 | 15000 | 3 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
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