RUM 8.70% 2.5¢ rum jungle resources ltd

Ann: Ineligible Shareholder Letter May 2016-RUM.AX, page-4

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  1. 5,827 Posts.
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    they are too deep in losses not to assist, it also allows them to significantly lower their average whilst getting over $55ok kicker back into another of their owned businesses for doing so. they cant sell their stock on market, invested so much so far that they have to stick it out and back it. whilst im pissed with the price they got under the WHSP desks to beg for, it is a decent sign regarding the sheer amount they fronted.
 
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Currently unlisted public company.

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