RUM 8.70% 2.5¢ rum jungle resources ltd

I think Soul Patterson might have something to say about a...

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  1. 4,245 Posts.
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    I think Soul Patterson might have something to say about a takeover as well as the top 20 shareholders.In today's market, us little fish just don't know what is happening behind the scenes.....these little minnow companies are always awash with potential conspiracy theories. A larger holder might have been running the share price into the ground (by deploying a very obvious algo program) to increase their holding. The company has little cash & no income.....we have a yield chasing market atm...another reason for the gradual 'abandon ship' dumping of shares. Yesterday, the buy order did not at any stage display a higher bid than 0.043c......yet 250000 shares sold at 0.05c. I didn't watch the after market games but were these shares sold then ???? Not sure Definitely not a level playing field with Rum shares imo....something is bubbling along in the background. I guess we'll find out eventually....if someone has been secretly buying or selling large parcels they'll have to announce soon.
 
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Currently unlisted public company.

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