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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Range Resources Ltd Share Chat (RRL)



Share Price: 0.36Bid: 0.36Ask: 0.375Change: -0.0075 (-2.04%)Faller - Range Res.
Spread: 0.015Spread as %: 4.17%Open: 0.36High: 0.375Low: 0.36Yesterday’s Close: 0.3675


Share Discussion for Range Resources Ltd


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Axebob
Posts: 698
Off Topic
Opinion:Strong Buy
Price:0.39
RE: Increased volume
15 Feb '17
Blue day double volume should hit the golden cross shortly / and then .
 
Mickdee
Posts: 2,384
Off Topic
Opinion:No Opinion
Price:0.38
LGO RNS
15 Feb '17
I don't have shares in LGO but check in regularly to compare Ritson with Landau. An interesting point in their RNS today is that they even needed to get permission to cut down trees and this caused a delay. May help explain why Range take so long to get permits. Wonder if there are any other side issues that require permits? I also note they are drilling between 300 and 1000 ft - what sort of well pressure is that going to create and for how long?
Celticheart
Posts: 10,308
Observation
Opinion:No Opinion
Price:0.363
RE: Increased volume
14 Feb '17
I didn't plan to hold that much on either AEX or RRL just ended up averaging down a lo on both. Has paid off on AEX (main market not AIM) and hopefully will do the same with Range eventually.
Mickdee
Posts: 2,384
Off Topic
Opinion:No Opinion
Price:0.363
After hour trades
14 Feb '17
Has there been any recent changes in the trading regs. After hour trades used to be something noteworthy and now with Range it is an almost daily event. Is it a conspiracy?????? :-)
ErraticPhil
Posts: 1,830
Off Topic
Opinion:No Opinion
Price:0.363
RE: Increased volume
14 Feb '17
That's therefore a huge amount of capital plus unrealised holding gain to have riding on one share, let alone a smallcap one. I made that mistake here backalong - as did others - never again. Good luck with exiting safely eventually.
Celticheart
Posts: 10,308
Observation
Opinion:No Opinion
Price:0.342
RE: Increased volume
14 Feb '17
Well you were right there was a bit of a sell off today but closed 5% down, held fast this side of results but will keep a close watch over the next few days. Still sitting on a £32k profit on AEX, not going to watch that disappear
Celticheart
Posts: 10,308
Observation
Opinion:No Opinion
Price:0.355
RE: Increased volume
14 Feb '17
Normally I would agree with you but I don't believe this is a spike but a re-rating based on drill results that "far exceeded expectations". Looks like Bar Chart could agree with me https://www.barchart.com/stocks/quotes/AEX.LS/opinion

I will however be watching AEX closely as this develops, test results due by end of Feb. There will be a lot of short term money piling in now of course. Will also look back at the SOU chart and compare later as there are strong similarities between the two companies.
ErraticPhil
Posts: 1,830
Off Topic
Opinion:No Opinion
Price:0.355
RE: Increased volume
13 Feb '17
Not really, in the grand scheme of things.
Range chart over the year:
https://www.screencast.com/t/jQzqWBx9Pt9q
It's doubled, and it's lowest low is now (just) over a year ago.
Gosh, I feel rampy with thopse sorts of comments. On the more familiar downside, don't forget to sell your AEX, looks like a massive spike culminating today in an RSI of 95, dizzy.
Celticheart
Posts: 10,308
Observation
Opinion:Strong Buy
Price:0.355
Increased volume
13 Feb '17
Look at the trades, at least 7 million of that 11 million were buys, a significant percentage with a much higher trading volume than of late. A year ago everyone told me that I was blinkered in my belief of Aminex too which was then less than 1p Today they are over 5 pence and I am 128% in profit. Range is time is coming too, it just requires patience now.
bountyman
Posts: 1,619
Off Topic
Opinion:No Opinion
Price:0.355
RE: News to come
13 Feb '17
Bob, it might be an increase but 11m is chicken feed. If i were to say bed and isa my holding, that would be over 30% of todays volume to put it into context.

Sadly, no news equals no movement as it stands. Happy to be proven wrong.

ALSO London Stock Exchange has Range as down 7.79%.

Not that I believe that change counts for much. We are treading water so a 10% up tomorrow and 8% back down is likely to be the position until news is released.

Lets hope they give us some good news soon!!

KRO




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