Login:
Share:
Email Facebook Twitter

RRL Share Chat - RSS Feed

Range Resources Ltd Share Chat (RRL)



Share Price: 0.70Bid: 0.68Ask: 0.75Change: 0.03 (+4.48%)Riser - Range Res.
Spread: 0.07Spread as %: 10.29%Open: 0.68High: 0.70Low: 0.68Yesterday’s Close: 0.67


Share Discussion for Range Res. (RRL)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


rob295
Posts: 1,890
Off Topic
Opinion:No Opinion
Price:0.74
View Thread (2)
little to do with asset value
28 Mar '14
Yes folks whatever you do you must not buy with asset values in mind. That would be very silly. Don't be fooled into thinking that owning rights of an oil field has any value. It is all about the share price.
 
Celticheart
Posts: 4,378
Off Topic
Opinion:No Opinion
Price:0.74
surf1
28 Mar '14
The truth is that there are people out there who love to gloat over people's misery, regardless of whether it is on the stock market or simply on a memorial site. What is missing in their sad little lives to make them behave in such a despicable way is probably more suited to psychological analysis than fundamental analysis.
surf1
Posts: 979
Observation
Opinion:No Opinion
Price:0.74
View Thread (3)
.
27 Mar '14
One of the downsides of an oversold/manipulated share is that it seems to attract all the scum laying around. Good clean up required...
garyn
Posts: 30,135
Observation
Opinion:No Opinion
Price:0.74
spoon_key
27 Mar '14
Think it all depends on your appetite for risk, but not one that i would invest in now and I'd be reluctant to even trade it (had they delivered on Texas, IOP loan repayment, RBL then my view would be different). Better to wait for good news and a change in trend if that happens. Have seen shares like SER, FRR and others go down and just keep going - usually with great potential on paper if you look purely at their reserves figures, but not so good if you look into what they are actually producing in terms of bopd! When it comes to the Trinidad asset I can also see interesting similarities with Soca Petroleum who were the previous owners and the targets they set and what they actually achieved - some of the content of their RNSs could easily be mistaken for an RRL one! In general AIM is very high risk and even companies with great assets and a series of good news can see their share price hammered as it is all about sentiment and little to do with asset value. In my view of course.
surf1
Posts: 979
Answer
Opinion:No Opinion
Price:0.74
sf
27 Mar '14
Change of management?
SquirtyFlower
Posts: 434
Observation
Opinion:No Opinion
Price:0.74
View Thread (4)
RE: RRL advice
27 Mar '14
Apart from the occasional brief upturn, the RRL share price has been dropping for 3 years from over 20p to 0.75p - a fall of over 96%. The share price has lost 40% since the start of 2014, over 60% over the last 6 months, and 80% in a year. What evidence is there that this consistent track record of shareholder value destruction is going to stop? Answer - none whatsoever. If you cannot see this, then why are you wasting your time and the time of others on this board asking whether it is worth investing in? If you don't want the money you are thinking of investing, then give it to charity so that it helps someone in need.
spoon_key
Posts: 214
Off Topic
Opinion:No Opinion
Price:0.74
View Thread (4)
RE: RRL advice
27 Mar '14
Quite simply DONT EVEN RISK IT! RRL is a joke of a company and has been for many years now! Why would you want to gamble on this? If you want to gamble some money to try to make a few quid then look around, there are far better shares out there with far better prospects, board members and cash balances!

I wont post any of the ones I would try but there are some good ones out there!

If anyone on here tries to talk you into RRL having good prospects or being a chance of making money BLOCK THEM! Yeah it may go up 100% but there's a far better chance it will drop and drop and go BUST or be bought out for pittance!

As mentioned look around as there are many others shares which could well multibag as they say! Dont forget though, if you want to mess with AIM shares be prepared for shock movements and beware those who dont like a company having a bad word said about them! Rampers are far worse than derampers!
bountyhunter007
Posts: 527
Off Topic
Opinion:No Opinion
Price:0.74
EGM call
27 Mar '14
have any of you voted on poll on RIG website...i have just now voted YES, perhaps bit immature but as i said before also i am quite bitter with RRL would not feel peace of mind till PL & AE get kick in their balls!
mannnan
Posts: 18,015
Premium Chat Member
Observation
Opinion:No Opinion
Price:0.74
support
27 Mar '14
0.697 .....will see what happen
mannnan
Posts: 18,015
Premium Chat Member
Question
Opinion:No Opinion
Price:0.74
sp
27 Mar '14
any prediction how low it going to be ? anyone



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.