The only slight concern is that they have 2.1mill and have quoted 1.2 spend this quarter.. So we'll likely see a CR around these levels or a bit lower. Only the enviro permits due as far as major news this quarter. I can't see that rerating the stock to allow a CR at higher levels.
I think I'll wait a bit an perhaps enter a bit lower. Interested in others thoughts on this scenario
fat prophets coverage on sum, page-8
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.11M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 18.0¢ | $119.5K | 641.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 44774 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 4700 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SUM (ASX) Chart |