Some holders may like to reflect on what Warren Buffett might think of the last weeks price action.
On Monday SUM opened at 55.5c (up ~11% on previous close).
There followed a relentless sell down into the financial year end.
On Friday SUM closed at 34.0c (down ~39% on Mondays open)
Tomorrow SUM will open in a new financial year, brushing off some baggage of the old - most would be forgiven to expect a recovery, even a rerate into new highs. So was that a lost opportunity? What would Buffett have to say ?
This is what he said - "An opportunity is not a lost opportunity if you did not know about it at the time"
So each can make up their own mind - did you lose? Could you have sold and bought back increasing your holdings by 25%? Or was holding through the logical thing to do.
Cheers.
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Some holders may like to reflect on what Warren Buffett might...
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $20.51M |
Open | High | Low | Value | Volume |
23.5¢ | 25.5¢ | 23.0¢ | $134.7K | 559.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 21374 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 0.245 |
5 | 284300 | 0.240 |
2 | 244765 | 0.235 |
1 | 50000 | 0.230 |
3 | 47300 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 21374 | 2 |
0.255 | 3800 | 1 |
0.260 | 99698 | 5 |
0.265 | 27878 | 3 |
0.270 | 70000 | 2 |
Last trade - 15.54pm 11/09/2024 (20 minute delay) ? |
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SUM (ASX) Chart |