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Range Resources Ltd Share Chat (RRL)



Share Price: 0.5705Bid: 0.521Ask: 0.62Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.099Spread as %: 19.00%Open: 0.5705High: 0.5705Low: 0.5705Yesterday’s Close: 0.5705


Share Discussion for Range Resources Ltd


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Dodger777
Posts: 1,054
Observation
Opinion:No Opinion
Price:0.405
View Thread (2)
RE: RNS
10 Apr '16
Did you really say 5p by May ? ..I'll have some of whatever you've been drinking please.
I wish ..I'd be rich :)
 
Sanchez57
Posts: 1,541
Off Topic
Opinion:No Opinion
Price:0.405
View Thread (2)
Old guard getting ASIC
10 Apr '16
scrutiny and assets frozen or companies wound up.

This will encourage the new mgt to further distance themselves from this old guard, with whom they have been associated in the not so distant past.

Any decent outcome in Doha and or a natural rebalancing continuing with US inventories and draw down increasing. This will see us advance to 0.5 p in the first instance. Then water flood will have to announce tangible progress, including sourcing more water.

Drilling updates will also enhance any positive news to boost and sustain POO, imho.
Pickwick
Posts: 222
Observation
Opinion:No Opinion
Price:0.405
RE: RNS
10 Apr '16
my wild guess is a month of consolidation .35 - 8 area, then in May up to 5p, but happy to be wrong if it spikes upto 1p on monday. God it has taken some flippin time to turn this around. A hell of a lot of ifs, should ofs and could ofs with management at Range. I suppose with 7 billion odd shares in issue nothing is gonna happen quickly
bountyman
Posts: 1,513
Off Topic
Opinion:No Opinion
Price:0.405
View Thread (4)
Celtic
10 Apr '16
It looks like your best mate has popped up on iii chatting a mix of ramp and deramping tripe. Hopefully he gets found out pretty quickly!

KRO
bountyman
Posts: 1,513
Off Topic
Opinion:No Opinion
Price:0.405
Options
10 Apr '16
Nice to see another big chunk of these looking to expire with c. 150m off them due to expire on 30th April.

KRO
bountyman
Posts: 1,513
Off Topic
Opinion:No Opinion
Price:0.405
RNS
10 Apr '16
Could really do with a couple of these this week to try and hold the recent gains. Dont want to just be dropping back off again.

Positive flow rate and confirmation that a 2nd well will be drilled from the platform would be great.

Nice to see my Range ISA'd shares sat in profit. Not far away from my break even of 0.5p.

KRO
Celticheart
Posts: 9,777
Observation
Opinion:No Opinion
Price:0.405
Valuation
9 Apr '16
Valuing anything from a secondhand car to shares is all about your position as a buyer or a seller IMHO
Celticheart
Posts: 9,777
Observation
Opinion:Strong Buy
Price:0.405
Oil Price
9 Apr '16
Oil prices spiked five percent on Friday reaching two week highs on the back of stockpile draws and declining U.S. production.

Oil prices increased from the mid-$30s per barrel this week, with Brent once again rising above $40 per barrel and WTI sitting near $39 per barrel at the end of the week. Prices bounced around, trading down on growing pessimism surrounding the Doha meeting on April 17, but receiving a boost from the latest EIA figures.

EIA data looks bullish. The U.S. saw oil production fall by 14,000 barrels last week. The U.S. oil industry has posted consistent declines in recent months, and while the weekly data from the EIA is sometimes inaccurate, the best guess is that the U.S. is producing 9.008 million barrels per day right now. While it could take weeks or months to know conclusively, the U.S. could be about to drop below the key threshold of 9 million barrels per day in oil production.

Also, oil storage levels dropped last week for the first time in two months. Inventories fell by 4.9 million barrels to 529.9 million barrels and while that is down just a bit from the previous week’s record high, the oil markets grew optimistic that the drawdown finally marked an inflection point. If the U.S. posts a few more weeks of drawdowns, oil prices will likely firm up as the data will be pointing much more confidently towards the supply/demand situation reaching a balance. In other words, the data is showing more decisive signs that the global supply overhang will narrow and potentially disappear towards the end of this year.

http://oilprice.com/Energy/Energy-General/Oil-Stages-Comeback-On-Bullish-EIA-Data.html
Anders007
Posts: 96
Off Topic
Opinion:No Opinion
Price:0.405
RE: Malcy's blog
8 Apr '16
I guess your answer depends on what pays best Malcy
Sanchez57
Posts: 1,541
Off Topic
Opinion:No Opinion
Price:0.40
RE: Dummy sell
8 Apr '16
0.386 offered on130k. Put my first limit sell order in for 100k @ 0.5p




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