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Range Resources Ltd Share Chat (RRL)



Share Price: 0.535Bid: 0.56Ask: 0.64Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.08Spread as %: 14.29%Open: 0.535High: 0.00Low: 0.00Yesterday’s Close: 0.535


Share Discussion for Range Res. (RRL)


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Wimbledon
Posts: 1,631
Off Topic
Opinion:No Opinion
Price:0.54
claiming to sell
Thu 09:56
im sure there will be plenty of folks claiming that they will be selling and runnning for the hills as soon as this begins trading. me too i will sell all 4.5m immediately. (or am i just scaremongering and hoping to get in for more and average down at the lowest possible price)..
 
yearner
Posts: 103
Off Topic
Opinion:No Opinion
Price:0.54
EGM
Thu 07:25
My vote has been cast via my III account. Yes to all 5. Interesting responce to what to do if the share has a decent spike after it comes out of suspension. As i averaged down to 0.7p i shall look to take some out as soon as possible. As Kenny Rodgers would say!!! "you gotta know when to hold them, when to fold them, know when to walk away, know when to run!!!!" I shall be running.......GLA
manos3
Posts: 7
Off Topic
Opinion:No Opinion
Price:0.54
re bv moniter
25 Mar '15
Did did did
lewisycymoedd
Posts: 2,273
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
RE: BB monitor
25 Mar '15
Chan is a Liverpool footballer, Chen is an impressive Chinese businessman; bh007 is in bed under the matron; and manos is .......... (just not worth the effort of an insult even). And CH is busy making lots of money, which he feels unable to do with his Range shares whilst company remains in suspension.
bobo
Posts: 8,014
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: 2.9p?
25 Mar '15
2.9p, brings back memories. That was the open offer price back in 2009
bountyhunter007
Posts: 1,252
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
BB monitor
25 Mar '15
where is BB monitor aka CH....if he had been here he could have controlled negative posters...still we all are hoping for 4P party....or Chan has released CH/Lewis contract was not worth continuing considering their reputation on BBs.
Mickdee
Posts: 1,822
Off Topic
Opinion:No Opinion
Price:0.54
carvegyber 11.01
25 Mar '15
If there was a prize for absolute garbage then this must be a front runner if, could, might, what if, not a british company and what has the price of milk to do with it????
carvegyber
Posts: 5,303
Off Topic
Opinion:No Opinion
Price:0.54
martin
25 Mar '15
lol.

Good luck and hope you don't lose money here. I hate it when people lose money because they have been misinformed. Tried to warn at AFR too but the ramping there is on another level.

Long term it COULD come good and that is a big could so I am doing the sensible thing. Wait and see. Plenty of time.... buying now is like gambling on red or black in a casino.
MartinOil
Posts: 401
Off Topic
Opinion:No Opinion
Price:0.54
Carv
25 Mar '15
No worries. If this hits 2.9p anytime soon you wouldn't see me for dust as would be based on shenanigans!
carvegyber
Posts: 5,303
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
RE: Carv
25 Mar '15
Hi martin,

Yes you are right sorry. He was talking about 1p whereas I was referring to 2.9p. Doh.

At the end of the day, my logic still stands against your logic of buy and hold. The risks are still there so why don't one wait on the sidelines until (if only people did that when LO first came on the scene and this spiked to 2.7p):

1. Management has put in couple of quarters of good cost management and good production growth.
2. Clarity on LO invoices and that they are good value for money.
3. Success of waterflood.
4. Oil at $70.

Once out of suspension, the big unknown here for PIs is of course the management is run by a company that provides it drilling and technical services. Had Core been a british investor, that risk would have been removed but do you know who or what is Core and how are they connected to LO?

An example scenario is what you own shares in a cheese company but the people running the cheese company owns the company that supplies it milk. What price for the milk? Be easy if it was just milk but in this case it is technical mumbo jumbo hoodooguru milk. Very specialised indeed.....

Like I said, plenty of time to buy in and no need to bear the risks. It is not going anywhere fast. Such is the way of aim. You have pretty much until the end of the year before production will show a good turnaround by which time you will have more clarity of the above. That way, you don't get sucked in by hype. Hype is what this share has been good at selling.





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