SUM - Summerset Group

**Beagle** · 07-06-2017, 12:10 PM

Agree with that Peat. 5% from a well known brand would resonate well with fixed interest investors for the security on offer. No interest from me though with the shares offering such a compelling investment proposition at the current price.

**percy** · 07-06-2017, 12:23 PM

Originally Posted by Roger

Agree with that Peat. 5% from a well known brand would resonate well with fixed interest investors for the security on offer. No interest from me though with the shares offering such a compelling investment proposition at the current price.

Agreeeeeeeeeeeeeeeeeeeeeeeeeeee.

**JeremyALD** · 07-06-2017, 04:21 PM

Man this stock is taking a battering. Heading towards support at $4.50?

**macduffy** · 07-06-2017, 04:34 PM

Originally Posted by JeremyALD

Man this stock is taking a battering. Heading towards support at $4.50?

It's a bit of a soggy day in a lot of stocks so I wouldn't panic just yet - nor be in a hurry to buy.

**JoeGrogan** · 07-06-2017, 04:48 PM

Originally Posted by JeremyALD

Man this stock is taking a battering. Heading towards support at $4.50?

How low can it go, not looking good , it has now entered the blue box from the chart i posted a few weeks ago.
Attachment 8889

**couta1** · 07-06-2017, 04:54 PM

Originally Posted by JoeGrogan

How low can it go, not looking good , it has now entered the blue box from the chart i posted a few weeks ago.
Attachment 8889

Its acting like a real Woofer, low volume though, no big holders selling, that gives you a better picture, very frustrating nevertheless.

**Xerof** · 07-06-2017, 05:07 PM

Originally Posted by Roger

shares offering such a compelling investment proposition at the current price.

It keeps getting more and more compelling doesn't it.

Is there SUM switching to Smilin' Simon going on?

**couta1** · 07-06-2017, 05:27 PM

Originally Posted by Xerof

It keeps getting more and more compelling doesn't it.

Is there SUM switching to Smilin' Simon going on?

Ryman shedding a 9.4c divvy tommorow could explain why it's not down today, so not sure about the switching. The cue the SUM board gave at the meeting re AK headwinds has spooked SUM of the reef fish IMO.