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Range Resources Ltd Share Chat (RRL)

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Share Price: 0.22Bid: 0.161Ask: 0.22Change: 0.005 (+2.33%)Riser - Range Res.
Spread: 0.059Spread as %: 36.65%Open: 0.22High: 0.22Low: 0.22Yesterday’s Close: 0.215


Share Discussion for Range Resources Ltd


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Kiplingcakes
Posts: 2,720
Off Topic
Opinion:No Opinion
Price:0.22
Robins
Today 10:02
Spoke to IR yesterday news is coming this month. Will be a trin update.

This will be back to 0.8p once oil price recovers a little and water flood looks like it is progressing.

Great buying op here

Remember market cap = cash in hand atm.

A takeover? ;-)
 
robins
Posts: 874
Off Topic
Opinion:No Opinion
Price:0.22
Re: Red Plum
Today 09:13
I wonder what the big boys who bought at 0.8p are thinking now as the sp continues its slide? Also spare a thought for us long term holders who paid much more for the shares. Anyone know when we can expect some good news?
bewareshadows
Posts: 236
Off Topic
Opinion:Sell
Price:0.215
RE: Red Plum
Wed 17:59
This share knows no bottom.

I thought selling at 0.3p was the bottom, had no idea it would halve again.
chama1977
Posts: 144
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.255
Red Plum
Wed 16:37
-15.69%
OilSpill
Posts: 81
Off Topic
Opinion:No Opinion
Price:0.255
Falling
Wed 16:18
oil prices will bankrupt the likes of Russia, Saudi Arabia

What might be the next big financial crisis? A bursting of the bubble in tech stocks that has built up over the last two years? A total collapse in the stock market, beyond the selloff that has already marked the start of 2016? Any of those could happen. But increasingly it looks as if it will be national bankruptcies caused by collapsing oil and commodity prices.
The International Monetary Fund is discussing a bailout of Azerbaijan, hard hit by tumbling oil prices. Venezuela is out to go bust — again — for the same reason. Ecuador looks about to go the same way. More important countries may follow them — most significantly Russia and Saudi Arabia. Neither of them looks solvent for much longer with commodity prices at these very low levels.

We could soon be back in a full-scale sovereign-debt crisis, except this time it will be commodity exporters that are caught up in the maelstrom rather than peripheral eurozone countries. But just like the eurozone crisis, the losses will soon ripple out to the banking system, and before long there may well have to be series of emergency bailouts.

The key question will be whether that can be used to drive through reforms — because there is not much point in simply bailing out countries that can’t rely on energy exports any more.

http://www.marketwatch.com/story/falling-oil-prices-will-bankrupt-the-likes-of-russia-saudi-arabia-2016-02-10

good luck
Kiplingcakes
Posts: 2,720
Off Topic
Opinion:No Opinion
Price:0.255
Inventories
Wed 15:54
Down 750k vs analyst expectation of. 3.6m increase

Hence the bounce in crude at. 330pm

Buy
Kiplingcakes
Posts: 2,720
Off Topic
Opinion:No Opinion
Price:0.255
POO / up 4%
Wed 15:38
Brent crude just took a big leg up at 3.30pm
Kiplingcakes
Posts: 2,720
Off Topic
Opinion:No Opinion
Price:0.255
Oil s
Wed 15:38
Look at the cash position vs market cap

Tells you all you need to know

Can smell you are getting tempted

Old Welsh won't mind if you multi bag before he breaks even! ;-)

Then again, that's not hard....
OilSpill
Posts: 81
Off Topic
Opinion:No Opinion
Price:0.255
Manipulation of SP
Wed 15:25
I had been reading BILLFISH post on iii and it seems to be logical....
Although I must not let myself be drawn in to a false sense of security as the consensus is that more smalls will go through until the SP is cheap.....

good luck
Kiplingcakes
Posts: 2,720
Off Topic
Opinion:No Opinion
Price:0.255
Trin update this month
Wed 15:05
Confirmed by IR.

I'm in. At a market cap of sub 20m with 21.9 cash in hand it's worth a punt.

Spread horrendous but that'll change.

Nibble nibble




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