Retail investors aren't buying and so there is only support when Meng buys. Hong Kong's market being on the fritz might upset his cashflow as well, not to mention he's almost at the 20% trigger. The big dump at least wasn't on very large volume but market depth (which often is meaningless) looks bad now.
Also they will need to raise money soon and the last quarterly showed very little progress. Revenue in stable months is basically the same for the last year or two. Also no NMPA timeline 14(ish) months after they said 6-12 months, 12 months after they alluded to undertaking the process.
- Forums
- ASX - By Stock
- UCM
- Big Dump.
Big Dump., page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UCM (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $2.992M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $11.12K | 926.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 151658 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 34967 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 151658 | 0.012 |
1 | 300099 | 0.010 |
1 | 100000 | 0.009 |
1 | 120000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 34967 | 2 |
0.020 | 2000 | 1 |
0.022 | 51903 | 2 |
0.030 | 10083 | 1 |
0.050 | 42345 | 1 |
Last trade - 11.28am 20/08/2024 (20 minute delay) ? |
Featured News
UCM (ASX) Chart |