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Range Resources Ltd Share Chat (RRL)



Share Price: 0.46Bid: 0.41Ask: 0.51Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.10Spread as %: 24.39%Open: 0.46High: 0.46Low: 0.46Yesterday’s Close: 0.46



Share Discussion for Range Resources Ltd


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Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.305
Back up to 0.8p placing
16 Feb '16
Well funded compared to others and lots of potential.

BUY
 
OilSpill
Posts: 354
Off Topic
Opinion:No Opinion
Price:0.305
RE: Ebb & Flow
16 Feb '16
40 % up is great, I think now is the time to be more vigilant than ever. Traders will be attracted to the noise the inexperienced will be caught out.
pablo2
Posts: 8,495
Off Topic
Opinion:No Opinion
Price:0.305
Seawolf
16 Feb '16
38% each day for a week would certainly be a start.

Presumably down 20% tomorrow though.

Nice pump up before 10:15 today and now they've already left IMO.
Seawolf
Posts: 189
Off Topic
Opinion:Hold
Price:0.305
RE: Ebb & Flow
16 Feb '16
It needs a rise like this everyday for a month to get back what some of us started with! :(
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.26
RE: Ebb & Flow
16 Feb '16
Lovely finish over recent support at 0.3p

Up just shy of 40%

Game on
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.26
RE: Ebb & Flow
16 Feb '16
Damn iphone auto correct, third sentence :

The reward looks good too, if - and granted a big if - they can deliver.

---

0.8p placing is fair value and with an update due id say something has leaked.
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.26
RE: Ebb & Flow
16 Feb '16
Oilspill

I disagree. Cash on hand exceeds market cap so they can weather storm.

Not attached and well aware its high risk, the reward is being good too though if mgmt start delivering.

Its a big if but at 0.3p worth the punt given 0.8p placing and an update due any day.

Im a buyer.

Good luck to you too.
OilSpill
Posts: 354
Off Topic
Opinion:No Opinion
Price:0.26
RE: Ebb & Flow
16 Feb '16
Kipp,
I think this is a suckers rally, it will be short lived. Just remember not to get too attached here ;-)

good luck
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.26
RE: Ebb & Flow
16 Feb '16
Of course they are posturing.... Thats the whole point.

A isnt far off, whats key is they are all talking now.

Saudi is hurting no matter what they say in public.

Raange cash = market cap and better placed than most to weather the storm.

As always, its high risk but i think the bottom has been reached here.

Up to the mgmt now.

Now where is that british bulls buy indicator.....;-)
OilSpill
Posts: 354
Off Topic
Opinion:No Opinion
Price:0.26
Ebb & Flow
16 Feb '16
Many analysts have slashed their 2016 oil price forecasts, with Morgan Stanley analysts saying that "oil in the $20s is possible", if China devalues its currency further.

Economists at the Royal Bank of Scotland say that oil could fall to $16, while Standard Chartered predicts that prices could hit just $10 a barrel.

be careful, wait for the cuts as the freeze is a placebo. OPEC are just posturing imho, are the reserves still included in the figures, why have they not just taken reserves out of the equation.

good luck




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