SUM

4.35%

24.0¢ summit minerals limited

SUM Chart, page-1442

First 1442 Last

Share
Profile

Follow
Wiz46

41 Posts.

2

16/08/24

21:15

Post #: 75246665
Share

Originally posted by HourofPower: ↑

SUM and SUMO have nicely increased. No big money thrown in.

We can expect a steady increase towards news (my preference) or a sharp rise if big money jumps in. We had some small sells here and there, as shall be expected.

This week increase could have been a reaction to new acquisitions and the anticipation of more incoming news as posted on X.

SP decreased since last ATH due to a series of events.

T2 being locked by a TH quickly exited upon ann, then we had those infamous options prospectus, GBA saga, more options, a CR and a lot of exits. Sandro even got blamed for cashing in his options. One even posted a drilling map on WA1 thread about holders 'not knowing'...sumthing. Others exited as part of their stop loss protocol as roller coaster went down.

During the downtrend we saw a boxing match between holders aka rampers and non holders aka down rampers. Turns out, either way, sum may have multi acc or personalities disorders..It was intense and it was hard to follow.

If you leave this to long time holders, these weeks are what you get. They keep accumulating. If they have not sold yet, despite all great efforts to squeeze the register, they won't leave now. Add to these some newbies or returning peeps, yes SUMO will increase faster than SUM. They both go up.

As others have stated, they may wait for more results to jump in and they are not alone. That's even better for SP then. I don't think FOMO is there yet...but next week is a different story. That famous break might get released.

I am curious to see if we are heading towards new ATH. We did reach ATH on rock chips, so anything is possible in this end of the market. This time expected news are "A LOT, A LOT MORE! ". Those who attended the webinar know. These aren't my words.

Let's see how SUM delivers and its impact on SP.

GLTAH

Expand

There was no accusation against Sandro a poster insinuated Sandro sold in an attempt to bait holders to sell

SUM Price at posting: 24.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BUX

Buxton projects new graphite province discovery at WA Narryer play

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 384 more messages in this thread...

First 1442 Last

Add SUM (ASX) to my watchlist

(20min delay)
Last 24.0¢		Change 0.010(4.35%)		Mkt cap ! $20.23M

Open	High	Low	Value	Volume
21.5¢	25.0¢	21.5¢	$73.42K	314.2K

Buyers (Bids)

No.	Vol.	Price($)
1	49117	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	39538	1

View Market Depth

No.	Vol.	Price($)
1	49117	0.240
1	20000	0.235
1	6000	0.230
2	1845	0.215
4	52380	0.210

Price($)	Vol.	No.
0.245	39538	1
0.250	12500	1
0.255	110819	2
0.260	148967	3
0.265	5000	1

Last trade - 16.10pm 04/10/2024 (20 minute delay)

SUM (ASX) Chart

SUM Chart, page-1442

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

SUM Chart, page-1442

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News