It's an open forum, and everyone is entitled to an opinion, I appreciate you raising awareness. I've been in this since just after IPO with a decent holding of both SUM & SUMO. They have had instances of false hype (eg. xmas 2023) and missing results (Stallion REE metallurgical & Phillips River????) so they need to earn longer term shareholders' trust again, just my opinion.
New holders that got in around the 6-7c mark would have a different outlook cause they are well in profit. They probably dont like hearing the "negativity" because they are excited about the gains and prospects.
I've seen SUM go from 20c to 6c and back to 11.5c now. I am optimistic about the acquisition like I was with James Bay, but I am still cautious as I dont have much faith in management. I'm hoping they can restore the faith with these "company making" projects.
Ann: Quarterly Activity and Cashflow Report, page-12
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Last
20.0¢ |
Change
-0.030(13.0%) |
Mkt cap ! $9.531M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 20.0¢ | $464.5K | 2.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 239370 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 31989 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
20.5¢ |
Change
-0.030 ( 12.7 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.5¢ | 20.5¢ | 1664060 | ||
| Last updated 15.52pm 03/06/2024 ? | |||||
| SUM (ASX) Chart |