SUM

7.89%

20.5¢ 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 20.5¢		Change 0.015(7.89%)		Mkt cap ! $14.73M

Open	High	Low	Value	Volume
19.5¢	21.5¢	19.5¢	$373.9K	1.827M

Buyers (Bids)

No.	Vol.	Price($)
3	52382	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	20860	3

View Market Depth

No.	Vol.	Price($)
3	52382	0.205
4	280000	0.200
6	350460	0.195
4	410000	0.190
4	431634	0.185

Price($)	Vol.	No.
0.215	20860	3
0.220	89564	7
0.225	84000	4
0.235	111330	5
0.240	50000	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

SUM (ASX) Chart

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

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

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

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News