I think this is 'NOT' normal. The amount of acerage we have, and from what we can view (mainly from 'X' and so forth) is iterally off the charts, especially given our current MC, which is now looking ridiculously cheap/low IMO. It makes sense why Sandros didn't sell to a big player (such as WA1 for example), as he might have only earnt at best a 1% interest (lets say $10m AUD fior example). So even if they doubled, he might have only made $10m profit (i.e. $10m to $20 m AUD). Instead, he was smart and chose an ASX small cap, where his holding would be approx. 10% of the company. So for example, if we went from around $6m AUD to $1,000m AUD (just an example), then his holding would be worth around $100m AUD. I think he saw Gower was a switched on operator (strong but silent) and could move mountains. Both thrse guys look to have extreme passion, and that's what we need! So many (even small companies seem so lazy and boring (BUT not SUM).
These guys (Gower and Sandros) are good! I really hope they become rich and can bring us along with them
Good luck to all holders. This one really does have a Chalice feeling to it!!
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Last
29.5¢ |
Change
-0.015(4.84%) |
Mkt cap ! $18.35M |
Open | High | Low | Value | Volume |
30.0¢ | 32.0¢ | 28.0¢ | $1.177M | 3.962M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 131150 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 53497 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 121150 | 0.290 |
3 | 185000 | 0.285 |
5 | 137710 | 0.280 |
3 | 111800 | 0.275 |
5 | 112927 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 53497 | 3 |
0.300 | 73333 | 3 |
0.305 | 73280 | 3 |
0.310 | 75000 | 2 |
0.315 | 73744 | 3 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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SUM (ASX) Chart |