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Range Resources Ltd Share Chat (RRL)



Share Price: 1.92Bid: 1.90Ask: 1.93Change: 0.02 (+1.05%)Riser - Range Res.
Spread: 0.03Spread as %: 1.58%Open: 1.86High: 1.93Low: 1.86Yesterday’s Close: 1.90



Share Discussion for Range Res. (RRL)


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JohnHenry
Posts: 608
Observation
Opinion:No Opinion
Price:2.00
View Thread (2)
RE: John
Thu 23:18
Yep I guess I know what uncrossing is, considering ive been trading full time successfully for over 20 years.
 
Celticheart
Posts: 5,160
Off Topic
Opinion:No Opinion
Price:2.00
Youngbuck87
Thu 18:08
Nice summary of Uncrossing Trades, well explained :)
Youngbuck87
Posts: 621
Off Topic
Opinion:No Opinion
Price:2.00
View Thread (2)
John
Thu 17:57
Good evening to you to sir.

The UT price is pretty irrelevant anyway. The reason being they have 5 minutes to enter what price they will pay for or be prepared to sell their stock for at this point, no-one is trading here, just entering. Furthermore, their entres have to be within 5% of the last AT trade of the day. Which today was 2.05 @ 16:19.

After 5 mins and all the entries are in, the SETS computer swings into action, and what it does is calculate from the entries the HIGHEST VOLUME trades that can be made, the MOST shares it can UNCROSS from one side of the book to the other. It is literally "matching" any trade that will trade at the prices on the book, if you see what I mean? This little excesise takes up to 30 secs above the 5 min auction. So basically just a computer generated figure, to square the books off at the end of the day, there is no actual trading to produce this close.Then te next morning it goes into the same 5 min auction and the prices will change again.
MartinOil
Posts: 245
Off Topic
Opinion:No Opinion
Price:2.00
JH
Thu 17:55
If this goes up fast will you at least give us a TOOT TOOT all aboard ;0)
JohnHenry
Posts: 608
Observation
Opinion:No Opinion
Price:2.00
View Thread (3)
RE: Cheeky MM's
Thu 17:23
Please tell me why the cheeky MMs dropped it to the low of the day to fill an order. The order was worked through the day, 2p close was the UT uncrossing price for 49K.

You really are clueless and come up with the most ridiculous of comments to justify the SP closing at the low of the day.
RichTheNewbie
Posts: 9,679
Off Topic
Opinion:No Opinion
Price:2.00
View Thread (2)
RE: Rich
Thu 16:50
Eeeeeeevil.
Youngbuck87
Posts: 621
Off Topic
Opinion:No Opinion
Price:2.05
View Thread (2)
Rich
Thu 16:49
Well I wouldn't leave it on a odd number of days, it's seen as unlucky, best go tonight so it's at even numbers again ;)
RichTheNewbie
Posts: 9,679
Off Topic
Opinion:No Opinion
Price:2.05
View Thread (3)
RE: Cheeky MM's
Thu 16:39
Argh don't mention the pub. I'm trying to be good and NOT go. Having been every night this week on the way home from work. ;) Too hot to be sat inside!
Youngbuck87
Posts: 621
Off Topic
Opinion:No Opinion
Price:2.05
View Thread (3)
Cheeky MM's
Thu 16:38
Very cheeky of them dropping it to the low of the day to fill a 1m order. The sun is shining and the pub is just a mere 22 minutes away now!
lewisycymoedd
Posts: 1,252
Off Topic
Opinion:No Opinion
Price:2.10
View Thread (2)
RE: How Much
Thu 13:14
If I hadn't filtered you, m'lud I would have rofl



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