RUM 8.70% 2.5¢ rum jungle resources ltd

If you are buying this at .03c.....technically you buying a...

  1. 4,245 Posts.
    lightbulb Created with Sketch. 67
    If you are buying this at .03c.....technically you buying a falling knife. This has been transformed into a penny dreadful, high risk share. The price is way down on my entry price......I've made this mistake too many times before........something smells & the rot keeps getting steadily more putrid. The chart is abysmal......even with seemingly positive announcements, the SP has steadily moved downwards. Either this is being manipulated by a bigger player or it's doomed ! Not sure if I'd be in any hurry to average down but each to their own !
 
watchlist Created with Sketch. Add RUM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.