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Share Views: Mike van Dulken on today's Company Results and Macro considerations


Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.33Ask: 0.35Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 6.06%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


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Photomic1962
Posts: 8,686
Off Topic
Opinion:No Opinion
Price:0.555
Erratic Phil Re. o/t
7 Sep '16
A can do a Beer more or less at any time if anyone's interested and within fairly easy reach?

8 Miles does count, especially on a steel girder bike! Mine is a 16 Speed Peugeot and probably older still! MXO DID hit 5p last year, but muggins didn't sell as we all assumed there was more to come, so many of us missed out, so we are now waiting on our first Oil delivery and sales. They all think it's going to 'Rocket', but personally, we'll be lucky if it hits 1.5p (currently 1.02). I still have to make up 2.7p to break even, so it's some way off yet.

I have enough for the Carbon bike but Partner would probably go Ape-Sh*t if I spent all that cash. Still, I'm not married nor engaged....own boss, own house, but need to keep the peace. You know how it is! The business needs the money more than I need the Bike............sort of!
 
bobo
Posts: 8,256
Off Topic
Opinion:No Opinion
Price:0.555
RE: Bid 0f .599
7 Sep '16
Did you mean ask?

It's not to facilitate AT trades, AT trades create the ask. It's one trader selling and another buying.

Why don't you have a look at the demo
http://www.ig.com/uk/shares-dma
Mickdee
Posts: 2,402
Off Topic
Opinion:No Opinion
Price:0.599
View Thread (2)
Bid 0f .599
7 Sep '16
If it isn't manipulation can someone explain the move of the bid to .599 to facilitate a number of A trades and then the immediate back down to the previous bid price of .53
ErraticPhil
Posts: 1,847
Off Topic
Opinion:No Opinion
Price:0.599
RE: Players
7 Sep '16
What makes you say that, Ch? Could equally say someone seems determined to work it up, given where it's come from over the past few days.
Certainly some interesting volume going on, but the resistance circa 0.60p is again proving to be a toughie.
There may well be some profit taking going on. Almost tempted myself, but hoping against experience that one day it'll go on up.
Celticheart
Posts: 12,021
Observation
Opinion:No Opinion
Price:0.60
Players
7 Sep '16
Someone is determined to work this down but it will only stay down so long, lots of news to come
Celticheart
Posts: 12,021
Observation
Opinion:No Opinion
Price:0.60
View Thread (2)
New found strength
7 Sep '16
The way this has recovered over the past few trading days says a lot about our new underlying strength. Some positive news now, from MD250/251 and particularly in relation to the Colombian claim would have a marked effect on the sp I believe.
ErraticPhil
Posts: 1,847
Off Topic
Opinion:No Opinion
Price:0.55
Photomic o/t
6 Sep '16
I'm good thanks Chris. Still through Dorking twice daily for work. Up for a beer if there's any interest, been a while.
Wasn't MXO meant to be the next great thing? Seems to have joined the general AIM malaise. Whereas this one hasn't had a new low for over 6 months now which must be something of a record.
Good to hear you staying active. I did 8 miles on a pushbike (1993 steel) last week - does that count?
Mickdee
Posts: 2,402
Off Topic
Opinion:No Opinion
Price:0.55
RE: Jurisdictions
6 Sep '16
Bobo
Durability......that's a polite way of putting it!!

Stupidity more like :(

Yep. We are the longterm holders with the Duracell batteries strapped to our backs!!!!!!
bobo
Posts: 8,256
Off Topic
Opinion:No Opinion
Price:0.55
RE: Jurisdictions
6 Sep '16
Durability......that's a polite way of putting it!!

Stupidity more like :(
Photomic1962
Posts: 8,686
Off Topic
Opinion:No Opinion
Price:0.55
Erratic Phil (o/t)
6 Sep '16
Hi matey, how's things? I see that you are still here, as am I. It's been many years now, but waiting and hoping that something may change significantly for the better? I don't follow it here much in any detail, but read some posts a few times a week. At least most people here are of sound mind (I think!), rather than over on MXO which is supposed to be a winner, but in two years, little has happened. Oil is due to flow over there soon, so still waiting on that one too, plus a lot of Chinese interest. A possible takeover may ensue in due time.

Come down for a Beer if you are around and drag a few who remain along if they so wish. The Yeoman has been refurbished and to some extent, seems more like a cafe than a pub, apart from the main bar area. I give them 4/10 for effort! Still get the same old 'erberts in there of an evening!

Hope you are in rude health though? I have been doing a fair amount of Cycling on the IoW recently to keep myself in good shape. Covered around 80 miles on three day trip visits, but the hills are a bit steep, so I walk up them! Getting older so I don't go too mad these days! Carbon Fibre Bike next, subject to funds. Makes the hills seem less steep! Cheers, Chris.




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