Checking SUM broker data, here’s a chart with an overlay showing accumulation by retail broker clients, including CommSec.As is pretty typical for micro-cap resource companies, after the CR, participants dumped their shares to retail clients and moved on, seeing no further value.
Top sellers and buyers of the year:
I haven’t noticed any positive shift in broker data over the last three months. Morrison and OpenMarket have been the top sellers during this time.
It’s a bit worrying to see Summit Minerals jumping from one project to another without delivering meaningful results. This lack of focus makes it tough for professional investors to take the company seriously.Without tangible outcomes, the market will likely keep seeing Summit as just another exploration play rather than a solid long-term investment.
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
