No, it is just further realisation of the market that yesterdays RNS was merely to announce further dilution with a long list of things that they have failed to achieve topped off with the lowest BOPD yet!
This is the daftest share to watch. Another RNS, good news generally about RRL prospects, Malcy blog, other companies in same area getting somewhere, ASX closing today at .013 (.72) and a large buy at 0807 this morning. Do wer sit back and watch the sp move up?
No, of course not!! This is the wacky world of Range. Red screens with selling at .65. And derampers grinning leerily at their screens. Hope all the pessimists start posting soon in their expert way, as that is sure to bring plenty of buyers in.
Leaving Colombia tomorrow so back to sanity of time zones. For the first time in over a year, I feel that we could just have seen the bottom (or very close to it), and will have a very interesting 30 days which could be the turning point for RRL. The latest RNS although extremely disappointing on bopd, should have had more specific details, and in my opinion very wishy washy, still had a feel of realism and overall a glimmer of hope. It is all down to the next 90 days. Make or Break. Opinion only.
Have been away today so not seen anything since just now when I got home. Notice some silly sausage thinks I am DOGOF with 2 accounts. Another thinks I am CH. No, I is me - for better or worse. Only one account, only really bothered enough to post about RRL on this board.
After no RNS for a month, we have had 3 in a couple of days (five according to the other boards). Good clear info. ASX was .014 but is now .013. As I believe .012 = .666p even .013 is a lot higher than London close.
One thing I noticed is those two big sales in last hour. Same thing on Thursday last. What is that about? It must be walloping our share price. But still feel we will have a reasonably good week this week and a really good one next week.
If you have any (polite and constructive) comments on the recent Range RNSs and would like to see it incorporated in RIG feedback to the company please feel free to record it on the thread on the RIG website: www.rangeinvestorgroup.com or if you prefer by PM to me or one of the other RIG reps there. Apologies for the rather low profile of the reps at present, holidays, work and other commitments...
On the footy subject though - think it could go either way. Gut agrees with you - but head says Chelski are lacking a bit up front so will struggle to do better than a draw without a bit of luck. Would almost be tempted to wait/hope for an Atletico goal and then have a small bet on Chelski to qualify at long odds.
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