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Range Resources Ltd Share Chat (RRL)



Share Price: 0.70Bid: 0.69Ask: 0.71Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 2.90%Open: 0.74High: 0.73Low: 0.70Yesterday’s Close: 0.70


Share Discussion for Range Res. (RRL)


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Photomic1962
Posts: 6,674
Off Topic
Opinion:No Opinion
Price:0.78
Profit only for those who buy now?
7 Nov '14
A dead loss now and going to be pretty much the same in a year. I don't expect any more than 4p or 5p by next Xmas with a trillion shares in issue. Only those who have bought in at under 2p stand a chance of making a profit, those over 10p have little or no hope!! Placing after placing and so this part of the routine and 'TempoRory' Scott-Russell will be one of the few beneficiaries.
 
carvegyber
Posts: 4,886
Off Topic
Opinion:No Opinion
Price:0.78
View Thread (3)
RE: Carve
7 Nov '14
YB, sorry mate. The reason why I thought you are just fond of challenging me is because my point was that since RSR came on, there has been massive dilution but you either misread or didn't check the facts. Here is what I posted to CH once again (which you challenged):

>>>>>>>The picture is, since RSR came on, he has diluted your stake by 50% and more is to follow..... >>>>>>>

Like I said, in Feb when RSR came on, this had 3.5b shares. When core deal is done, this will have 6.3b shares. Technically it is not 50% but 80%. I hope you can see my point now and stop challenging every detail. My point stands.

As for the bonds, once issued, you either find the money to repay them and hope SP stays under 1p so that there won't be any incentive for them to convert or it will end up being converted at 1p. Even if it is under 1p they can still convert and end up with 50% shares. The prerogative is theirs. Not RRL's.

BTW, did you find the other exceptions? You will find there is one about convertible securities...... DYOR.
lewisycymoedd
Posts: 1,944
Off Topic
Opinion:Strong Buy
Price:0.78
View Thread (8)
RE: I hope...
7 Nov '14
Fishlips. I know nothing much about other "oilers". When I bought these Range 9 months ago I knew nothing. After 9 months reading and contributing on here I have just obtained a PhD in Trinidadian energy and have also learned lots and lots of new words. Doubt you will get that on LGO - they are refined oil, not crude. :-)
FishLips
Posts: 11
Off Topic
Opinion:No Opinion
Price:0.78
View Thread (8)
RE: I hope...
7 Nov '14
thanks, I'm going to choose one Trinidad Oiler. I think I'll post the same question on the LGO board.
smokinjoe
Posts: 3,529
Off Topic
Opinion:No Opinion
Price:0.80
View Thread (8)
RE: I hope...
7 Nov '14
range has more oil...there is only 1 way we are going and that is up.
FishLips
Posts: 11
Off Topic
Opinion:No Opinion
Price:0.80
View Thread (8)
RE: I hope...
7 Nov '14
Lewis, LGO at 4.4p today is a more tempting prospect though, @6.5p it was overvalued. So what do you think LGO at 4.4 or RRL at 0.8, which should I invest in ?
lewisycymoedd
Posts: 1,944
Off Topic
Opinion:Strong Buy
Price:0.80
View Thread (4)
Facts Today at 1445
7 Nov '14
Price up 2.56%
33 trades
Number of shares traded - 3.4m (with hour and three quarters left)
Percentage of shares traded - far less than a tenth of one per cent.

Not a traders dream. We are fast becoming the Ed Miliband of AIM.
lewisycymoedd
Posts: 1,944
Off Topic
Opinion:Strong Buy
Price:0.80
View Thread (8)
RE: I hope...
7 Nov '14
Just looked at Golden Cross for NMG. Not a bad tip, novice. Watch that one move. :-)

There was also a lot of good advice to get out of RRL and buy LGO when they were 6p plus. Rather glad I sat tight and ignored the glittering lights of Las Vegas. AIM a lot more fun that Premium Bonds or Lottery, and probably more chance of a big win. But not likely with new conservative Range till they have exhausted Trinny and then Puntland - then off-shore Trinidad and Puntland - and finally move rigs to Antarctica when we can all become millionaires and billionaires. (Antarctica is a new and totally unfounded rumour - you heard it here first). DYOR.
RichTheNewbie
Posts: 10,056
Off Topic
Opinion:No Opinion
Price:0.79
View Thread (8)
RE: I hope...
7 Nov '14
Lol. You sure know how to pick them don't you!
Novice2009
Posts: 3,582
Observation
Opinion:No Opinion
Price:0.79
View Thread (8)
I hope...
7 Nov '14
None of you followed my rediculous suggestion to look at NMG the other week. I sure know how to pick 'em.!!!



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