SUM

4.35%

24.0¢ summit minerals limited

From what I have been able to find the Top 20 Shareholders of...

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22/06/24

15:07

Post #: 74439110
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Originally posted by Gymjunky: ↑
Wrong! Wrong! Wrong!

Here is my prediction only if the news is above average. Gower knows how to present these company announcements, so we are all expecting something special.

Gap up on the open, unlike last time, which was selling into news.I think it will finish up in the high 60s. Here is why!
On the last four days, we had 55 million shares go through that's a lot for a company with only 67 million, so we found a new base around these levels.Top 20 probably hold 25 to 30 %.
The interesting bit was the red day a high 54.5 and a close of 44 for me that was the profit takers and T2 traders flush out day because it was exceptionally high volume day and it finished lower down 4.
The next day, we went on hold traders were looking for a deeper pull back, but it didn't happen, so they started to buy back in they panicked FOMO set in.
Many didn't get back on the train and now will try to buy back in at higher prices it was a good time to call a T.H.
Another masterful stroke by Gower with the help of the ASX.
Yes, they will be buying & selling, trying to make a quick buck, but supply is low, pushing it higher faster. we also have existing holders topping up and new traders and investors coming aboard.
Some profit talking may occur on Tuesday.
Either way, this week should make a few millionaires.

20/06/2024 0.435 0.550 0.430 0.500 0.060 13.64 11,707,047
19/06/2024 0.480 0.545 0.440 0.440 -0.050 -10.20 18,277,326
18/06/2024 0.395 0.515 0.375 0.490 0.080 19.51 9,041,248
17/06/2024 0.385 0.465 0.385 0.410 0.025 6.49 16,413,204
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From what I have been able to find the Top 20 Shareholders of SUM hold 50.62% of shares on issue.
This means there's even less available for retail and traders....

Last edited by $$$$$$$$: 22/06/24

SUM Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

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(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
1	1844	0.215
4	52380	0.210

Price($)	Vol.	No.
0.250	12500	1
0.255	110819	2
0.260	148967	3
0.265	5000	1
0.270	67738	2

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

SUM (ASX) Chart

From what I have been able to find the Top 20 Shareholders of...

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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

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

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

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

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

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

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

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

	20/06/2024	0.435	0.550	0.430	0.500	0.060	13.64	11,707,047
19/06/2024	0.480	0.545	0.440	0.440	-0.050	-10.20	18,277,326
18/06/2024	0.395	0.515	0.375	0.490	0.080	19.51	9,041,248
17/06/2024	0.385	0.465	0.385	0.410	0.025	6.49	16,413,204

From what I have been able to find the Top 20 Shareholders of...

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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

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

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

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

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

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

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

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News