My 2 sen. There are 2 possible scenarios here.

1. The current meltdown could be a forced sale on someone whose margin call was not met. Probably a shark or maybe someone connected with the CEO. The recent push up to 55 sen or thereabouts started from 40 sen. For it to hit 30 sen in 3 days means everyone is hurt, incl sharks and insiders.

2. Some insider news that is bad as in announced business plans not materialising etc

My bet is on No. 1

Excerpt from Press Release: "While Dato’ Eddie re-affirms his support and commitment to the Group’s core glove business, he adds, “This investment is also in line with the Group’s long-term strategy of delivering sustainable growth and returns to our shareholders.”

Ptui!! What RETURNS have you delivered? What sustainable growth will you achieve by taking our money and placing it into a shopping mall that is 10 years in construction with no sign of completion?

Datuk Eddie should be investigated for breach of fiduciary duty - He did not act in the best interest of Rubberex shareholders. Empire City shareholders are laughing their way to the bank.