RUM 8.70% 2.5¢ rum jungle resources ltd

trading halt, page-23

  1. 1,118 Posts.
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    an 11% return in a heartbeat for the insto's.

    not bad when you consider that mum and dad investors in telstra wait all year for that kind of return from their dividends.

    if a company needs the money in an emergency, like in late 08/early 09, then a private placement is fine. but for a raising like this, what is a few extra weeks to treat your loyal retail holders fairly?

    i've expressed my concerns to the company. haven't gotten a reply from management as yet.
 
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