UCM 21.4% 1.1¢ uscom limited

To be honest, look at the tiny volume of shares traded in total,...

  1. 11,044 Posts.
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    To be honest, look at the tiny volume of shares traded in total, less than $3000 worth. The stock trading on such low level today and virtually nothing in the last month or so means it is still effectively dead in the water.

    It's probably just a small speculative investor taking a big punt on no news, that's all. Now were the volumes very large and growing there may have been something in it, but for now that isn't the case I'm afraid to say.

    We need good news from the company, but they remain silent. China also seems to be imploding and still the company is telling us nothing of what is happening with manufacturing in China and if our deal with Foxconn moving out of China has a big impact on UCM or not.

    Good fortune lads, but the future still looks grim for now. I'd be more than happy to be wrong, but can't see how at this point in time. Anyone with some better news?
    Last edited by Bill Gates: 23/07/24
 
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