China is being ripped apart by Covid. I cannot see much happening for UCM in the next 6 to 12 months. Their manufacturer will be focused on trying to supply their big existing customers not setting up for a minnow like UCM until they get their full workforce back. Just my opinion but I think it gets worse and the cash is being burnt.
Of course we were told by the CEO that his devices were a big help for managing Covid, seems like no one in the world agrees.
UCM Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held
