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Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.33Ask: 0.35Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 6.06%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


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Mickdee
Posts: 2,409
Off Topic
Opinion:No Opinion
Price:0.34
RE: Relisting/out of suspension
Today 08:46
Inmate
On the contrary the RNS backs up what I was told. "The Company's shares will remain suspended from trading on AIM and ASX pending the publication of an admission document."
Publish the document and relist. Not publish the document, have the EGM and then relist
 
inmate
Posts: 12
Off Topic
Opinion:No Opinion
Price:0.34
RE: Relisting/out of suspension
Sat 18:00
That is not what the RNA stated. They have to produce an "admission document" that is totally different from a paper for an EGM.

Hence your statement appears not to be correct.

Quote from the RNA

"The transaction will constitute a reverse takeover pursuant to Rule 14 of the AIM Rules for Companies and will be subject to a vote of the Company's shareholders. The Company will convene a General Meeting of Shareholders to consider the Transaction and currently anticipates this will take place during Q3 2017. The Company's shares will remain suspended from trading on AIM and ASX pending the publication of an admission document."
Mickdee
Posts: 2,409
Off Topic
Opinion:No Opinion
Price:0.34
Relisting/out of suspension
Sat 17:16
The company have stated that it is their intention to publish the takeover document for the EGM and as soon as the document is published they will relist without waiting for the EGM.
It is taking so long to produce the document because they have to jump thro many hoops to show that RRL or what ever name it relists under meets the AIM/ASX requirements. There are a lot more hoops because it is basically a new company and not simply RRL.
inmate
Posts: 12
Off Topic
Opinion:No Opinion
Price:0.34
Range Resources Hong Kong
Sat 15:55
Such having a look at the Bloomberg Page , which announced the merger / acquisition on the 13th March 2017, interesting that its focused more on Land Ocean Petroleum Hong Kong and RRL have set up the HK subsidiary which now takes on Indonesia.

This is going to go on for a long time. IMHO
mikeboy
Posts: 3,850
Question
Opinion:No Opinion
Price:0.34
RE: Suspended 13th March 17
Sat 14:27
Great Theory CH - If only there was any evidence to back it up ? What are the short positions on RRL / What percentage of shares are out on loan ? and where do you find this data ? ( short tracker doesn't show it )
Celticheart
Posts: 12,231
Observation
Opinion:No Opinion
Price:0.34
RE: Suspended 13th March 17
Sat 13:59
Before someone tells you I am changing my stance, check back and you will see Insay this might be the case months ago, very shrewd IMHO
Celticheart
Posts: 12,231
Observation
Opinion:No Opinion
Price:0.34
RE: Suspended 13th March 17
Sat 13:53
Say what you will but it bought us six months grace period to get our act together without the constant hammering from shortest.
Shareshopper1
Posts: 356
Off Topic
Opinion:No Opinion
Price:0.34
RE: Suspended 13th March 17
Sat 13:13
Time
Shareshopper1
Posts: 356
Off Topic
Opinion:No Opinion
Price:0.34
RE: Suspended 13th March 17
Sat 13:13
Celtic. As mentioned by another poster we probably do not have gone for a egm/vote so xould be looking like the rto is off for now. What a long drawn out saga it's been.
Celticheart
Posts: 12,231
Observation
Opinion:No Opinion
Price:0.34
RE: Suspended 13th March 17
Sat 12:55
We would need to relist if it was an RTO but another possibility is that RRDSL listed separately and we resumed trading and merged the two companies. It only needs to be an RTO if one company is not currently listed. Just a thought for a Saturday.




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