RUM 8.70% 2.5¢ rum jungle resources ltd

Stakes just had a look at my comsec for RUM27 buyers for...

  1. 678 Posts.
    Stakes just had a look at my comsec for RUM

    27 buyers for 1,105,543 units 15 sellers for 470,055 units

    Looks far more promising as they now being to line up and position themselves for the impending JORC Compliant Statement that should be coming out next week all going well.

    Quarterly's should be coming out next month and with all the cash in the bank they are in a good position to undertake full scale exploration of all their current projects.

    Todays price has been constant and in the green, not the red.

    The line up of buyers has started and the sp looks like its getting ready for the announcement.

    Appears as if their is some holding out at 26 cents. The next big sell is at 27cents and after that we are in the smaller brackets of sellers from 18k to 50k of shares to sell. Next big lot over 100K is 32 cents.

    So market looks like it can see a Trading Halt coming soon, but when, and its all down to timing your buy.

 
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Currently unlisted public company.

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