I was quite disgusted seeing the price drop from $1.78 to 85 cents:
http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=AU%3ASMM&time=&freq=
But any talk may have made matters worse so the best thing was to top up between 89 and 93 cents, which I did.
Given time, the price ought to recover, particularly as they ought to double their original 75 mill lbs Uranium as they set out to do.
Actually, they have a number of projects to drill yet and the grades have improved.
Meanwhile they will put out a Jorc Resource Inventory based on the deposits they already have drilled. I am expecting more than 150 mill lbs after drilling all U deposits IMHO.
Analyst reports and Projects:
http://www.summitresources.com.au/
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
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Last
1.5¢ |
Change
-0.003(16.7%) |
Mkt cap ! $9.676M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.5¢ | $188.5K | 11.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 355262 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 2092969 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 355262 | 0.015 |
11 | 1408000 | 0.014 |
5 | 1000000 | 0.013 |
6 | 1633333 | 0.012 |
2 | 372725 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 2092969 | 5 |
0.017 | 966000 | 3 |
0.018 | 919945 | 6 |
0.019 | 1837653 | 2 |
0.020 | 2957818 | 2 |
Last trade - 14.41pm 28/07/2025 (20 minute delay) ? |
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