85% of the bid is a fluff order at $0.001 and the displayed market depth doesn't mean that much and readily changes. Not so much for this but as a general rule so I would take much from it with the volumes displayed. What's important is price action, the volume coming back and pushing the price up with it. Hopefully the hype the next 4c is getting on the thread (over reading Rob's email much?) isn't just that so the SP gains are sustained.
65% of UCM's FY15 sales were to Asia, mainly China so China has "kicked in" already so to speak but if the CFDA give the approval for BP+ soon (early FY16 target) then there is a sales bump to look forward to as the Pioneer deal comes into effect and they are ready to sell devices from my understanding.
Email from Rob, page-9
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.506M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 66058 | 2 |
View Market Depth
| Last trade - 16.12pm 25/11/2024 (20 minute delay) ? |
| UCM (ASX) Chart |
Day chart unavailable
