about how the money will be used if raised thorough placings.....this will help us to vote on resolutions...rather than simply saying we would like to raise 4M.....also I think RSR would have got enough time by now and he should release detailed RNS highlighting his plan to take company forward & setting of initial objectives....without this information EGM is pointless unless they need to raise money for their wages which ofcourse have to be paid monthly and cant wait any longer.....
Also did someone bother to respond to Bucanan/RRL regarding their response to RIG letter. They shamelessly said that previous committments were from past management and can't be fulfilled but is it not true Anthony Eastman was part of that management and he still is...so either they should throw him out of stick to their committment...
the RNS dated Mon, 11th Mar 2013 09:19 RANGE RESOURCES LTD - Texas Sale Agreement Reached, could there be something in saying the 1m paid has a dead line of 1yr up to 11th March - now we have general meeting in for march.....
regardless of the batting back and forth sells or not since april 2012 when this share was nudging 16p it is now less than 1p ..FACT ....that my friends is mega selling and constant dilution ....PL and the secretary have used our money for their lifestyle choices. yes we have new management that has come in and tightened up communications to the point of NOT communicating and may well be in response to RIg. Maybe the new broom are just more wolves in sheeps clothing as PL would have had some choice in whom comes in to oversee more distressed selling. Does not matter how you view this share or the pretty picture you would like to paint 16p to less than a penny in 20 months is a disaster story and means that we have all bought hook line and sinker the BS the management have been communicating ....I have been taught a lesson here and written off my losses , but please guys stop the BS as you are starting to sound like the management and their Blue sky bull****. IMVHO
I keep seeing references to, for example, and this was posted today at 9.25a.m :- QUOTE:- I don't believe they were sells at the time the BID was .96 and the ASK .98, at a volume of 6 mill .965 could have easily been a BUY as I can't see anyone paying over the BID price for such a big volume SELL, if anything they would have dropped the bid. END QUOTE. Questions that often arise on these forums are'how many sells and how many are buys?' Excuse my possible ignorant but undoubtedly logical approach, but; How can there be a 'Buy' without there being a 'Sell'. Even if traders are accumulating shares from PI's or Institutions they have to buy them and PIs etc have to sell them. I can think of no example of where there can be a buy without a sell. There must be an obvious answer to this that I have overlooked or are there a different set of economics here which are exclusive to share trading?
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