UCM
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5.26% 1.8¢ uscom limited

$0.8M in the bank. Cash burn of ~$0.4M/qtr (taking out R&D...

  1. B8cat
    138 Posts.
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    10/05/16
    08:59
    Post #: 17719847
    $0.8M in the bank. Cash burn of ~$0.4M/qtr (taking out R&D grant). Unless sales explode in the next half, they will have to raise capital to keep operating.

    Not trying to be negative - just pointing out the obvious as I like and follow these guys.
    UCM Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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