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Uscom Limited Secures Short-Term Loan for Operational Stability

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Uscom Limited Secures Short-Term Loan for Operational Stability

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The latest update is out from Uscom Limited ( (AU:UCM) ).

Uscom Limited has secured a short-term loan of US$635,000 from its Executive Chairman, Assoc. Prof Robert Phillips, to support its working capital requirements. The loan, which is unsecured, carries an 8% interest rate payable monthly and is repayable by 30 June 2025, reflecting strategic financial management aimed at maintaining operational stability.

More about Uscom Limited

YTD Price Performance: 0.0%

Average Trading Volume: 62,804

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.51M

For a thorough assessment of UCM stock, go to TipRanks’ Stock Analysis page.

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