SUM 1.96% 26.0¢ summit minerals limited

Ann: Change of Director's Interest Notice, page-5

  1. 5,535 Posts.
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    Actually, I'm sure SUM will improve
    In real time though, this nickel and dime (i.e. small value small volume) corrosion of our investment appears, to me, to only be beneficial to an insider who received/is receiving shares for nothing.
    I've theorised that the practice would have to be finite, that their pile would eventually run out - but this action's relentless, and may indicate the perpetrator has tens of millions available to constantly place in sub hundred thousand lots. Can't see the rationale behind the system.
    On the other hand, I may be misreading the situation. But whatever it is, it's taken me down by 70%, so I reckon I've a solid reason to be annoyed.
 
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