I wouldn't say its rubbish. It's close to 5% of all shares on offer.
From what I can see SUM has 35 million shares outstanding and has had up to 15m shares traded on a given day. That is highly volatile.
All very well when the SP is going up on news, but it also means that there might not be many med/long-term investors. Everyone's just jumped onto the rocket for takeoff but couldn't give a hoot about the company's real prospects. You would want to get off that rocket before it explodes. Goodluck with the moonshot.
CUF - SP Discussion, page-253
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $18.02M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $8.502K | 653.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12209451 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3743063 | 6 |
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| Last trade - 11.44am 12/07/2024 (20 minute delay) ? |
| CUF (ASX) Chart |