Actually, I'm sure SUM will improve
In real time though, this nickel and dime (i.e. small value small volume) corrosion of our investment appears, to me, to only be beneficial to an insider who received/is receiving shares for nothing.
I've theorised that the practice would have to be finite, that their pile would eventually run out - but this action's relentless, and may indicate the perpetrator has tens of millions available to constantly place in sub hundred thousand lots. Can't see the rationale behind the system.
On the other hand, I may be misreading the situation. But whatever it is, it's taken me down by 70%, so I reckon I've a solid reason to be annoyed.
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $23.19M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $17.10K | 104.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 184951 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 113028 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 | 30000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
SUM (ASX) Chart |