Not a good question just another attempt at causing trouble on this board by repeatedly asking a question that nobody, not even LO could answer accurately at this time which is why I suspect it was removed. Even after having the post removed by admin he still insists on reposting the same question. Some people never learn.
I posted a comment questioning the validity of a post by a poster who obviously has little knowledge of the financials of Range Resources and is a self confessed non shareholder. This post has been removed. Why? It was not abusive but simply pointed out the failings of the poster. This is the second time today you have had a complaint about post removals. I appreciate that if a post is reported to you that you consider it's removal but the BB is pointless if the person being justly criticised is the reporter. You need to have a serious think about the LSE BB. Is it a place for RRL shareholders to discuss Range shares or is it a site where bored office workers who don't own shares come to, to relieve their boredom by winding up genuine shareholders and being encouraged by an Admin who can't get their house in order.
Doubt you will get a reply, DT. I never got a reply to a question when only a few posters were filtered. Now that all of us are filtered except whs, few replies will be forthcoming. I think we get gist of his case anyway - oil price is low, Chinese economy is bad, UK housing is in crisis, boat people, bopd is low, sp is plummeting, no cares because no skin in Range. Happy to chat to whs and talk about anything - as long as it is not Range Resources and potential great benefits of their long term plan.
..It doesn't get much better than new rigs, new strategy new BoD new investment
You could argue that more positive news is coming but I think the news above, or less even, should have been enough to propel the SP above 1p...but it did not, yet some would have us believe the chart is bullish, well at least until the SP closed red that is then they are wrong, so charts are no good now, which brings whole nonsense about the uptrend into question surely, if they charts are indeed wrong.
You cant have it both ways, either they are wrong or they are right. Either RRL sp si trading at it's true value or far below its true value, "Fire sale" Either assets sold for far less than they had been worth or they did not, I.E texas 100mil, then 30mil then sold for ? you cant have it both ways....
Also 30% up since mid August, whs. Share Prophets have hunches - but they don't ever seem to actually occur. Good job too - cos they don't like PL or DC, but they seemed to like RSR. Whereas I think since suspension most shareholders really like the style and apparent truthfulness of DC, and are not quite so enamoured with Share Prophets hunches. Or yours.
The actual spread is very small .6518 to sell and I managed to pick a few more up at .6695 an hour or so ago Any small movement up or down is largely irrelevant at the moment .... once the news is flowing in earnest the price will follow assuming they've been doing their job of course
We have traded 1.25 Million shares so far today and the Bid has risen from opening of 0.6 to 0.63 because very few sellers at the moment. This low volume trading is making the chart unreliable, only when we get some serious volume will we get the real picture. With so much news to come I am confident we will regain our upward direction very soon.
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