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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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bountyman
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:0.5745
View Thread (2)
RE: LO cost
17 Aug '16
Do explain what you mean. Having to pay to drill for oil.... I better sell as I thought you walked around with sticks and the oil comes to you.

Guessing you wouldnt be happy if the were drilling OR doing nothing.

Talking of doing nothing hows LGO doing? As their SP appears to be doing nothing. Well nothing apart from sitting at all time lows. How much money have you wasted, I mean invested? At least 20% down on your initial investment. Continuing to average down to try and cover your losses?

KRO
 
Celticheart
Posts: 12,004
Observation
Opinion:Strong Buy
Price:0.5745
closing trade ambiguous
17 Aug '16
Not convinced the last trade was a sell, too close to the mid price to call 17:07:26 0.5745 2,380,607
rob295
Posts: 1,996
Off Topic
Opinion:No Opinion
Price:0.5745
SP
17 Aug '16
Looks like people lost their nerve and cashed out. Lots more news to come though.
Trumploudly
Posts: 103
Off Topic
Opinion:No Opinion
Price:0.599
View Thread (3)
RE: retrace or the trader?
17 Aug '16
Absolutely brilliant and astute commentary about the retrace after a 300% rise. Oilspill you don't miss a thing, buddy!

Good luck.
ChickenChallenge
Posts: 639
Off Topic
Opinion:No Opinion
Price:0.599
View Thread (2)
RE: OilSpill update
17 Aug '16
OilSpill, can you update us on your LGO position ?

Oil Price has been rising, taking most up with it, apart from LGO that is. Can you explain ?
Celticheart
Posts: 12,004
Observation
Opinion:Strong Buy
Price:0.599
View Thread (2)
Buys back above 0.6
17 Aug '16
What was I saying, a nice £14k buys back above 0.6
Celticheart
Posts: 12,004
Observation
Opinion:Strong Buy
Price:0.58
Just a temporary dip in sp
17 Aug '16
What nonsense gets posted lately, no share rises in a straight line,there will always be short term traders taking profits. I still feel we are just at the beginning of our climb back. Lots of news to come, test results / flow rates for MD250/251 TD news for latest drill and two more new rig approvals imminent
bountyman
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:0.58
RE: retrace or the trader?
17 Aug '16
Entitled to your opinion - I think your opinion is wrong. needed a breather before the next move up in my opinion.

How is the LGO investment - when is the rise you were banging on about?

KRO
bountyman
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:0.58
RE: share price
17 Aug '16
Retrace was likely given it was up nearly 100% since the start of August, but you didn't point that out did you. Or the fact it was up around 350% from the year lows.

Talking of lows how is your LGO investment going. Clinging to all time lows I see...

KRO
Youngbuck87
Posts: 1,172
Observation
Opinion:No Opinion
Price:0.60
SP
17 Aug '16
1000 sale - 0.00625
700,000 sale - 0.0060




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