SUM 0.00% 19.0¢ summit minerals limited

Ann: Half-year Financial Report-SUM.AX, page-9

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  1. 1,200 Posts.
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    yes hence the "going concern" warning. Everytime i hear the same it precedes a liquidation.

    They have cash facilities to last a year but she's gone imo if they dont turn things around within 6 months. I have a token bid in at 2c to try to average down but I'm quite nervous at the thought of it getting hit. Safe to say this appears atm to be at the upper end of highly speculative plays. Gltah
 
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