SUM 2.22% 22.0¢ summit minerals limited

SLM was an LRS spinout and they never purchased on market. They...

  1. 20,377 Posts.
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    SLM was an LRS spinout and they never purchased on market. They contributed $3m in the 55c CR and were SLM's largest shareholder.
    It was retail that pumped SLM from 10c to $1.34 with Next Investors getting involved - dont forget their effect back then.

    Both SLM and SUM in hot sectors in Brazil with the same SOI issue. Good comparison of what can happen with a similar amount of shares on issue when a sector is hot.

    SLM was a one trick pony with those 2 Li rock chips. I guess SUM has a few more irons in the fire.
 
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