God not looked into here for some time but never expected to see things this bad. Been in and out of range for some years now. Never lost here and gained some although should of sold when the 24p high can but didn't. Did I say 24p lol god them were the days... I am still in here although not by much @0.8 but even that is far and away now.. Some long termers who have 10p+ averages who are still here I feel for you!
Blink and you miss the blue bits! I see these blue flashes before my very eyes and take a Parecetamol, then it goes away :) After 7 years, one gets used to it, blame Landau, he is the cause of many issues with RRL, essentially, greed, now he may pay the price.
My little one studies about colours at his school these days. I think just to give a better idea about the colour red I should point out RRL. It has been red ever since I've seen this company. No idiot in the management seems to be bothered
months of talk about share price / small trade manipulation and how cynical traders operate seem to have brought about bad sentiment and as we are witnessing this bad sentiment can decimate a share price.
It surprises me that many Oil companies have dropped to a point and bounce around that price as the Oil price fluctuates, but Range has just dropped and dropped. Yet actually they have more money than most Oil companies, and so are quite likely to recover from this Saudi create oil slump.
The other positive (ok less negative) is the fact that they have Cash meaning they are unlikely to dilute, which would of caused the spiral of death creating by dilution during a price slump.
I hope we will see better days, but accept we may now with Range Resources. Fingers crossed is all we can really do.
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