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Range Resources Ltd Share Chat (RRL)



Share Price: 0.535Bid: 0.56Ask: 0.64Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.08Spread as %: 14.29%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 0.535


Share Discussion for Range Res. (RRL)


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Roadking
Posts: 67
Off Topic
Opinion:No Opinion
Price:0.68
View Thread (5)
RE: CV
4 Dec '14
What's your point Lewis?
 
lewisycymoedd
Posts: 2,168
Off Topic
Opinion:No Opinion
Price:0.68
View Thread (5)
CV
4 Dec '14
1995-1999 - Time Warner Inc
2005-2009 Shine Media Acquisitions
2009- date Huanshan Capital

Spot a gap? Not just the 6 days so far of silence. Hope this is all sorted out this evening by an announcement at beginning of trade on ASX (which suspect is where news will be posted first now).
bobo
Posts: 7,938
Off Topic
Opinion:No Opinion
Price:0.68
closing price
4 Dec '14
the official closing price from the London stock exchange was 0.72p
I find this site seems to be a direct feed from the lse so duplicates their figure, so this site is accurate.

The closing price is determined by a sequence of events (from memory so maybe slightly out but gives an idea)

firstly the auction, orders are matched in the auction and the UT becomes the closing price, if the UT would be outside the monitoring price (I think 10% of the 10min pre-close vwap) then there is a price monitoring extension extension. If there is no change in the extension and the volume is below half NMS then the 10 min vwap before close becomes the closing price.
If there were no trades in the 10 mins before the close then the last AT trade becomes the closing price.
If there was no AT trade in a certain period before the close, or it is a certain distance from the mid then the mid price becomes the closing price.

There are very particular rules about this that can be found on the lse website
lewisycymoedd
Posts: 2,168
Off Topic
Opinion:No Opinion
Price:0.68
View Thread (5)
Six Days
4 Dec '14
since block vote threw RRL into chaos. All we know is we have lost 5 from Board (one retired, one still working for RRS and CEO). And we have gained two NEDs from China - one founder of Huanshan, one works for him.

And we have an announcement scribbled out in poor English that everything is bad about Range and they want to make it better. No-one knows who it was written by.

I am not happy at all. Abrahams are treating Range like a pantomime so far, and we seem to be sitting in the stalls while they seem to have forgotten all their lines. Landau and David and Timis and petebo are behind you, Mr Chen.
Youngbuck87
Posts: 793
Off Topic
Opinion:No Opinion
Price:0.70
EP
4 Dec '14
HL has these as the last 3 trades;

17:28 - 03/12 n/a 2500000 0.72 £1,800.00

16:35 - 03/12 Buy 4171 0.72p £30.03

16:11 - 03/12 Buy 71218 0.69p £491.05

So from this that's what made me think 0.72 and I can't see no uncrossing trades after these. LSE list the same trades aswel.
Landauslide
Posts: 542
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (2)
RE: Lenigas
4 Dec '14
Not really advocating for any man as some seem to do no matter who's in charge. It would be nice for a change to see peoples support be result driven and not CEO driven.
ErraticPhil
Posts: 1,551
Off Topic
Opinion:No Opinion
Price:0.70
Balance
4 Dec '14
The offifcial closing price is often a bit of a lottery, particularly as different providers can seemingly report different numbers. So a lack of consistency can arise from one day to the next and the reported sp can be well out of kilter with the trade action, as has been highlighted with last night's close. We've all commented that it's manipulated down when a low close comes out, but those suggestions were strangely absent last night... human nature I suppose.
I just refer to the closing bid in my own record keeping, so yesterdat was 0.67, down 0.01p. Make of that what you will but at least I'm pointing at a consistent place each time unless the spread is unrealistic - as it arguably was on Monday after only brief trading and closing in auction I think?
bobo
Posts: 7,938
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (2)
Lenigas
4 Dec '14
People who haven't been in this game too long don't realise lenigas had a reputation similar to landaus. A serial diluter with a string of under performing resource stocks behind him whilst enriching himself.

Careful what you wish for, he's a ramper and distributor of shares. He's on a roll at the moment but so was landau a few years ago
Celticheart
Posts: 6,327
Research
Opinion:No Opinion
Price:0.72
View Thread (2)
RE: Why not Lenigas?
4 Dec '14
Landauslide
Posts: 542
Off Topic
Opinion:No Opinion
Price:0.72
View Thread (2)
Why not Lenigas?
4 Dec '14
I don't care who it is , as long as they can find and pump oil at rates much higher than currently and make us some money. RSR was not the messiah! , he was a naughty , naughty boy :)





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