As a midterm stockholder of Uscom, I've watched the various press releases touting lots of glory but sadly the reality isn't close.
Sales are way down. I can't see any sales team in Australia or even South East Asia despite a sales manager being appointed last year. I hold a number of medical device company shares varying from startups to those with 30+ year histories and what's consistent about the good performers is a well thought out sales plan.
What I am seeing here is a total focus on R & D and none on sales.
I can't explain the reasoning behind this because even a moderate sales focus would lead to a better cash flow.
Given the cash held currently and the burn rate, unless there is some significant changes to the way the company sells its products, I can't see them lasting more than 18 months at best.
The share price has me underwater by .14c and I have pretty much written it off.
I like the tech involved but the Uscom team don't seem to understand the benefits of actually selling products.
They have clearly burnt some capital and made some interesting choices but I wonder if this is a ploy to take the company off the ASX at a cheap price given the "small stake" press release.
- Forums
- ASX - By Stock
- Tax loss selling
UCM
uscom limited
Add to My Watchlist
0.00%
!
1.1¢

As a midterm stockholder of Uscom, I've watched the various...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.861M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 928 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 42000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 928 | 0.011 |
1 | 100000 | 0.010 |
2 | 225000 | 0.008 |
2 | 276000 | 0.007 |
4 | 3000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 42000 | 1 |
0.017 | 396185 | 1 |
0.018 | 50000 | 1 |
0.019 | 46000 | 1 |
0.021 | 124866 | 2 |
Last trade - 09.59am 01/08/2025 (20 minute delay) ? |
Featured News
UCM (ASX) Chart |
Day chart unavailable