Range announces that 70,833,334 Unlisted Options have been exercised into Ordinary Fully Paid Shares. Following the Option Exercise, the Company's issued ordinary share capital will be 4,521,201,868 ordinary shares
A lot of far more experienced chartists also failed to predict the "manufactured" drop in the sp too or did you fail to notice that Yuff? Charts are unreliable when there are manipulative forces at work, now we have some stability they tell a much clearer picture.
Amazing how your charts weren't able to predict the fall from your first purchase at 13p all the way down to 0.6p. Do you not think the people that control the sp don't look at the charts to work out how high they can take it. The market cap is very frothy now for 600 bopd, for a company that has no cash. No wonder those options have been exercised ,those who are getting them have no doubt been selling into the rise!!!!
Given the way in which the new management team has performed to date it is not surprising that they should be exercising some options. It is also a vote of confidence in the future that they should choose to take up those options. Onwards and upwards from here
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