Yikes SUM are losing money hand over fist with each ounce of gold sold losing them more than US$300/oz and silver sales are a very long way from making up the shortfall.
Imho SUM will be in liquidation next financial year as a near-certainty. I'm closing out monday. This was a terrible "investment" from start to finish having gotten in soon after they started producing (sell not buy time on such milestones from now on). Quite frankly, i believe we've done our doe and it's time to take the loss on the chin.
Ann: March 2017 Quarterly Activities Report, page-2
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Last
25.5¢ |
Change
0.035(15.9%) |
Mkt cap ! $20.92M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 26.0¢ | 22.0¢ | $263.0K | 1.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12852 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37748 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |