RUM 8.70% 2.5¢ rum jungle resources ltd

Valuation 28c & target price 14c. Does this make any sense? Can...

  1. 194 Posts.
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    Valuation 28c & target price 14c. Does this make any sense? Can someone please enlighten me as to what this actually means. Got in at 28c and out at 18c, many moons ago. Willing to go again but only small money.
    Also why have they decided the best course of action from here is to hold on to remaining cash? I would rather see it spent on more exploration than just sitting there and dwindling away on direectors fees.











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