SUM 12.3% 25.0¢ summit minerals limited

Ann: $2M Raise to Accelerate Niobium & Rare Earth Exploration, page-153

  1. 619 Posts.
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    Hi Richy,
    What is interesting is we have gone through over 8m shares sold since the announcement three days ago and the sell side volume remains roughly the same. Can we assume that current shareholders that have participated in the CR are selling in anticipation of their issue. I find it strange that so many shares are being unloaded so close to a pending announcement, yours or other’s thoughts.
 
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