SUM 1.47% 34.5¢ summit minerals limited

It's funny - I mean I read several other stock threads on here...

  1. MZA
    276 Posts.
    lightbulb Created with Sketch. 189
    It's funny - I mean I read several other stock threads on here in the REE & Li space particularly, pretty much all of which are in the red (significantly) in recent times... dare I say it WA1, RDN and a fair few others...and all you hear is excuses and/or reasons as follows:

    EOFY selloff - always happens in June,

    Li & REE price supression - China etc,

    Volatility in France & Europe politically spooking markets,

    Russia / Ukraine. Israel / Palestine. China / Taiwan - Wars and threat there of,

    Big boys moving to safe havens gold & cash and into blue chips for now,

    Continued global inflation worries....etc...

    And yeah all these are like really valid real time & real world issues....

    Yet here we are...this little pump n dump show with a couple of carefully selected rock chip samples.... which for some unknown reason appears totally immune to the macro and kinda is going the other way big time....

    Funny how some recent posters kinda just leave the building pretty quick, right?

    If only they realised anything under 50c is kinda a bargain still...

    Today's continued buying was real. As others has stated its clear to see today particularly the register is 100% strengthening. Flushing out the pretenders & weak and moving to those who appear to be holding strong & long.

    Supply will 100% dry up as we can already see and moreso as the price escalates forthwith.

    Congrats to all that ignored the recent noise and continue to hold. The party in many respects is yet to get started.....
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
(20min delay)
Last
34.5¢
Change
0.005(1.47%)
Mkt cap ! $21.46M
Open High Low Value Volume
34.0¢ 37.5¢ 33.5¢ $882.4K 2.501M

Buyers (Bids)

No. Vol. Price($)
2 31247 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 5000 1
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
SUM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.