There are 100% some serious & big buyers lurking both on and off screen atm.
I'm thinking they are aware they will need to be entering before we close today in readiness for what may come early next week.
They are circling at the moment but I would be shocked if they don't attack soon enough given there are not many shares left to grab under 30c.
If we break 30c soon enough it may well close towards 35-40c if supply really dries up.
My take only but clearly appears to have been a shift in sentiment upon market open this morning when compared with yesterday's trading.
SUM next WA1, page-786
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 (20min delay)
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $16.89M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.0¢ | 22.0¢ | $456.5K | 1.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32222 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 97209 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |