Muyakea: Yes some companies may have issues with the falling USD, but UCM are pretty smart operators and deal with multiple currencies daily.
I therefore checked the current situation with the Company.
The answer I got was:
"We have a naturalhedge at the moment - we earn the majority of our income in CNY and Euro, both of which have appreciated significantlyagainst the USD, while our costs are in USD so we win both ways…..."
Hope this sets your mind at rest.
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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 |
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| Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
| UCM (ASX) Chart |
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