Im new to investing so i'm not sure about regular practices.
Would companies release ann before a PH to encourage FOMO and basically stack te buy side.
Thinking about this in SUM context, releasing tomorrow would pump the prices very high, and with the weekend and PH Monday, many 'on the fence' may well FOMO and buy.
Thoughts on this?
SUM next WA1, page-691
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Last
18.5¢ |
Change
-0.015(7.50%) |
Mkt cap ! $13.29M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.0¢ | $319.2K | 1.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 105669 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 79927 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |