SLM was an LRS spinout and they never purchased on market. They contributed $3m in the 55c CR and were SLM's largest shareholder.
It was retail that pumped SLM from 10c to $1.34 with Next Investors getting involved - dont forget their effect back then.
Both SLM and SUM in hot sectors in Brazil with the same SOI issue. Good comparison of what can happen with a similar amount of shares on issue when a sector is hot.
SLM was a one trick pony with those 2 Li rock chips. I guess SUM has a few more irons in the fire.
SUM next WA1, page-892
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.11M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.0¢ | $130.3K | 678.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35400 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.43pm 09/10/2024 (20 minute delay) ? |
| SUM (ASX) Chart |