China is in pubic holiday mode most of next week (market is closed there) so if it was buying out of China it may just have been pulled because the person is away. Would not read much into it, some of the buying I believe comes out of Singapore at times and the Chinese tend to deal through brokers up there.
I think you guys are missing who tense things are between the west and china at the moment, lots of people will be looking to de-risk by reducing exposure so it does not help. Also all the small cap stocks that flew off the back of Covid are in the doldrums, market got bored and moved on to the next thing, UCM is not on it own.
Its needs verification by a big well established name ie a distribution/licencing deal which would change the way the market looks at it.
in the doldrums, page-7
Add UCM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.005M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.12pm 09/10/2024 (20 minute delay) ? |
| UCM (ASX) Chart |
Day chart unavailable