UCM 0.00% 3.2¢ uscom limited

Ann: Change in substantial holding, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,173 Posts.
    Given that Mr Meng recently quit his deputy GM position of Sihuan Pharma - a $24 Billion HK, Hong Kong listed China based pharmaceutical company, then turned his eye and personal money to take up stock in Uscom Australia, it seems logical to assume that he has plans for this business. He removed a conflict of interest with Sihuan Pharma, and such freedom now provides him with open access to all of China's 10.000 hospitals. Also, right now he appears to have a 13% holding in this business. However London to a brick that stake will grow. Right now there's 11 sellers of UCM in the entire world, with a mere 500,000 units to vend - Stacked up against 30 punters wanting to buy 36,000,000 shares. Tells a story of what comes next if the demand side of the ownership of the business grows - Doesn't it !
 
watchlist Created with Sketch. Add UCM (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.