The company was already predicting positive cash flow and a backlog of orders due to regulatory slippage so for all we know coronavirus hardly increased sales and they've been within guidance since the first announcement was forced upon them by the ASX. Their announcements have been careful to provide limited data to hide that.
The price is approaching that logic, but I don't think it is the case. So unless insiders or the sufficiently well researched know of significant disruptions to supply or demand I think we're approaching a decent buy in price. Though admittedly their quarterlies often contain obtuse language and surprises to the negative.
Today is the first time since this pandemic started that I've bought any. But as this is tightly held I wouldn't be surprised if we dip to around 15c as we return to low volume.
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.238M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 300043 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 31000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 300043 | 0.016 |
1 | 18372 | 0.015 |
2 | 305846 | 0.013 |
2 | 300000 | 0.012 |
2 | 400000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 31000 | 1 |
0.019 | 62500 | 1 |
0.030 | 10083 | 1 |
0.035 | 32196 | 1 |
0.050 | 149845 | 1 |
Last trade - 16.12pm 18/07/2024 (20 minute delay) ? |
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UCM (ASX) Chart |
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