SUM 4.17% 25.0¢ summit minerals limited

Some holders may like to reflect on what Warren Buffett might...

  1. 10,546 Posts.
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    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.
    Last edited by JandJ: 30/06/24
 
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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
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Last trade - 15.54pm 11/09/2024 (20 minute delay) ?
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