Sure companies have staged amazing comebacks from the brink of oblivion, but it usually comes down to circumstances outside managements direct control - like a significant resource discovery or change in market conditions. If everything goes absolutely perfectly for UML and they have a string of great luck over the next couple of years they may turn it all around - but the odds are stacked heavily against them.
The question is: Is the risk/reward ratio of UML really the best choice out of all the ASX stocks to gamble on?
Sure companies have staged amazing comebacks from the brink of...
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