SUM 13.6% 19.0¢ summit minerals limited

Ann: Application for quotation of securities - SUM, page-5

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. 8,379 Posts.
    lightbulb Created with Sketch. 1180
    The way that poster acts and does things is not the correct way.
    I can assure you I am not them.

    They did raise the point many times that several others have also mentioned,
    Which was does this seem like a realistic amount of payment for the consultancy Job they are supposed to do. After checking and seeing quotes for similar services,
    It does seem over the top.

    Surely most if not all shareholders do not like their money to be wasted.

    It seems like anyone could have got the job done far cheaper,
    A simple google check shows the going rates:

    Australian Social Media Marketing Agency Rates
    Services Price
    1 Hourly Services $130 to $360
    2 Monthly Services $5,000 to $14,300
    3 Annual Services $65,000 to $120,000

    It would seem likely by looking at the going rate that SUM overpaid.

    Now I am not sure but there are a lot of Shareholders on the SUM Thread,
    Who most likely do not want their money thrown away,
    It is Shareholders money after all and
    Shareholders do have the right to ask that it is spent wisely.

    Most people would get three quotes and choose the best one,
    When shopping around for work that needs to be done....

    Should we not expect the same thing from the company we are all part owners of?
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
-0.030(13.6%)
Mkt cap ! $16.11M
Open High Low Value Volume
21.5¢ 22.0¢ 19.0¢ $117.0K 588.7K

Buyers (Bids)

No. Vol. Price($)
5 116696 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 48000 1
View Market Depth
Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
SUM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.