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Range Resources Ltd Share Chat (RRL)



Share Price: 0.336Bid: 0.302Ask: 0.37Change: -0.054 (-13.85%)Faller - Range Res.
Spread: 0.068Spread as %: 22.52%Open: 0.40High: 0.40Low: 0.336Yesterday’s Close: 0.39


Share Discussion for Range Resources Ltd


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Celticheart
Posts: 9,600
Observation
Opinion:No Opinion
Price:0.255
View Thread (2)
Outlook
30 Mar '16
It seems to me that " no one at the helm" is a blatant mis-representation of the facts, just because we don't currently have a CEO does not mean that nobody is running the company. Would you also like to explain "broken acquisition strategy" too as so far I am not aware that there is any evidence to support that claim.
 
OMADAWN
Posts: 1,602
Off Topic
Opinion:No Opinion
Price:0.255
RE: Outllook
30 Mar '16
The share price has a very high volatility, in part induced by the small trades. On that basis a swing of over 50% is vey probable. Small incremental investments over time will enable me to achieve a personnel target of recovering my losses on RRL, albeit my overall portfolio is in profit. The last swing made a reasonable contribution towards this goal. You have downside protection in that oil prices will eventually rise.
petebo
Posts: 1,623
Off Topic
Opinion:No Opinion
Price:0.255
RE: Outllook
30 Mar '16
Why?
petebo
Posts: 1,623
Off Topic
Opinion:No Opinion
Price:0.255
View Thread (2)
RE: Outllook
29 Mar '16
DBW. We all know Oma and Cupcakes game by now, at least Cupcake admits it.
petebo
Posts: 1,623
Off Topic
Opinion:No Opinion
Price:0.255
RE: The reality - sub 0.2p coming
29 Mar '16
Which prediction was that. Hopefully not the 0.4 he was banging on about for weeks.?
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.255
RE: The reality - sub 0.2p coming
29 Mar '16
Market cap hugely overvalued here atm
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.255
The reality - sub 0.2p coming
29 Mar '16
And soon

Should have listened to Oma

He knows what he is talking about

Value in the 0.1-0,15p range

It'll get there
Dreamboatwarrior
Posts: 3,780
Off Topic
Opinion:No Opinion
Price:0.28
View Thread (3)
RE: Outllook
29 Mar '16
If as you say "This is not good for shareholders," ..... Surely you'd be better off elsewhere ?
OMADAWN
Posts: 1,602
Off Topic
Opinion:No Opinion
Price:0.28
Outllook
29 Mar '16
The amount outstanding on 12 month terms, does not look to be recoverable from the production forecasts we have been given. It look as if the Sino/LO funds will appear in time to cover this debt and push out payments by a further 2 years. This is like re-mortgaging to spread your outgoings once you have difficulty meeting your obligations. Short term it looks good because there is no interest on the 12 month terms, but "re-mortgage" and you end up paying more.

It looks as every penny from production will be used to repay debt. This is not good for shareholders, but good for LO who have all their costs covered, make a 15% margin and get interest on the 12 month "interest free" loan.
Sanchez57
Posts: 1,514
Off Topic
Opinion:No Opinion
Price:0.2705
View Thread (3)
Real prices paid getting
29 Mar '16
interesting. Won't post non delayed prices but doesn't sound like the carp unwisely being spread by those repeating certain threads.

Probably some bed and Isa action going on too, but prices paid are still indicative of stabilising sentiment in troubled times. imo.




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