yes. My thoughts exactly @por77w
Look at DLI, LKE and countless others that had their MC blow up for short periods in the last few years only to find themselves now with a MC back at what they were pre-boom or close to.
My feelings around how / why this could’ve happened:
1. Increase of SOI, (dilution / Capital Raises) - SYA is a great example.
2. Market climate at the time (people with little cents and too many dollars)
3. Project mismanagement
4. Resource uncertainty…
But I would love to get thoughts from experienced investors re. the above phenomenon and why SUM may or may not be a passing fad.
Ann: High grade Niobium results from Equador - Brazil, page-615
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Last
21.5¢ |
Change
-0.020(8.51%) |
Mkt cap ! $15.45M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.0¢ | $301.8K | 1.374M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3090 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 5000 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |