AAJ 0.00% 1.5¢ aruma resources limited

Rumours:'Large-scale gold system' gain credence, page-135

  1. 2,837 Posts.
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    This has gotten slaughtered.

    I’ve seen this before with penny-dreadfuls, once they go sub 1c, it’s very rare to see the SP stay above .005

    I can honestly see it settle around the .004-.005 mark, until something else comes along to be used to pump it again.

    Like I said, this was a classic pump&dump.

    This is where your 1mil or so holders start to bail, incurring limited losses to go elsewhere. No buyers lining up, and the SP continues to get smashed.
 
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