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"1) he likes being the centre of attention, hence he posts with a view to attract attention 2) he is in so deep with Range that his judgement is clouded and will do anything as he sees to try " meow , ouch Bounty !
Nov, I agree with you to a point and I believe freedom of speech is an important thing BUT that has to come with certain responsabilities. I don�t believe that you should be posting things that you believe to be false and misleading OR if challenged your position should be one which you are prepared to defend and expand upon. I probably have taken exception with some of Celtic�s posts so it is my right (freedom of speech) to challenge these points to try and either understand or educate as to the viewpoint. I certainly don�t dislike Celtic, in fact I suspect he is actually probably quite a nice bloke and I even tried to help him out with somethings by emailing from a burner email account. I suspect 1 of a couple of things is the case and I feel bad for any of the outcomes. 1) he likes being the centre of attention, hence he posts with a view to attract attention 2) he is in so deep with Range that his judgement is clouded and will do anything as he sees to try and get something back on his investment 3) (least likely � this is why the other 2 annoy me more) he simply doesn�t empathise with other and doesn�t understand the posts he has made on the slide from the 10p+ era bullish about his investment wind people up. I wish him all the best and just wish he would learn to be more pragmatic and maybe the clowns would stop following him around and reasoned discussion over the share could carry on. As it�s been a while since you have posted, I was here and remember your pretty reasoned views from way back when, what are your views on Range as it stands, I understand you would not invest given history but would be interesting to get your take. KRO Bounty.
"keep posting Celtic" yip I completely agree with that, it is pure comedy Gold.
In England you call it Holland. We call it The Netherlands so sorry if I changed my posts for English posters as some may not know where The Netherlands is
Incidentally none of my Dutch colleagues would refer to themselves as coming from Holland but from The Netherlands. Holland is just one province so to say you were from that province rather than from the country itself would be like us saying our nationality was our county. Just an observation.
Spot on CH. I said I would only post if I saw something worth commenting on and this is one of those times. You have every right to post your opinion. So to ask you to do so and then slate you for it is pathetic. I don't agree with almost anything you believe is happening. But that's not the point. It is freedom of speach and expression of opinion that matters. That is what debate is. I do not know why you engage with these people, but that again is your choice if so wish to do so. So keep doing what you want to keep doing. That is your right. Cheers. Nov!!!
Bountyman - I am here for 1 thing only and that’s to make money as a shareholder If you posted like Celticheart I would bring you to task Perhaps if said poster took your advice I and others wouldn’t need to point out his blantant misleading posts Ps In Holland we are taught to apologise when we are wrong which I did but others don’t due to their arrogance that they are always right or it’s someone else’s fault
PS Celtic, he even had to admit he was wrong...
Celtic, I think it is fairly clear that Delft is purely here for 2 reasons. 1) to wind you up and 2) bash Range. It is likely that 2 will get to you anyways. I am not sure why someone would have a hobby of being a troll. It baffles me. Shame that any man and their dog can easily get a VPN to get around IP checkers. I suspect this is how most of the trolls last so long and come back so quivcky. It's kind of funny because Delft doesnt try and get a rise out of me as he appears to know I am prepared to concede Ranges weaknesses but will argue facts where need be. Dont take this the wrong way Celtic but you dont help yourself. Your posts make it easy for people on your side to get wound up. Maybe take a view on what I say but its hard to teach an old dog new tricks. Its finally June and hopefully this quarter is the strongest on record and the annuals are our best to date. No doubt the bashers will harp on the 46 barrels from Perlak or the debt but will never discuss the positives. KRO
Now you see bounty why I was reluctant to answer, it had nothing to do with your questions which were perfectly reasonable but I knew the trolls would be all over my answers, regardless of what they were. I answered today to see if Delft really would deliver on his promise of posting a chart to back up his argument, he never has done in the past.
tbh, it's really just more attention seeking from the Ramper
Well said bounty, there are no mystery shorters. No one not even shorters can make money off 14 trades a day at a few quid a throw. I do think it's possible to make money here, but I think the sp would need to fall to 0.17 for me to put some money this way again as it seems to have found its level around the 0.2 mark until the company can show progress on turning an actual profit and reducing debt. Just made a few quid on Pfc this week now that is a company were if you time it right you can make some quick money and there is no stamp duty. Its another oil related company but actually turns a profit. Has a big risk hanging over it, but worth keeping an eye on if it drops again. As for range, I doubt I'll see 0.17 so I can only hope the management pull some good performance out of the bag for all the long term holders.
Oil price With July Brent expiring and August closing at $77.56, down only 16 cents, the differential has now exceed ten bucks for the first time in three years. WTI is a mix-up, flat to the boards where it can but pipeline capacity almost fully utilised and with no sign of that changing much for the best part of a year trucks and trains will be transport option of choice. Recent price strength has many parents, geopolitical concerns of course but genuine shortage of production are clear, in May Opec only produced 32m b/d, another fall with tightening in some Gulf countries and of course with Venezuela continuing to collapse. Yesterday�s delayed EIA inventory stats also helped, a draw of 3.6m barrels was way in excess of the scribblers +244/- b�s and with stocks drawing at Cushing even the gasoline add wasn't a concern. After all the driving season started officially on Monday and even in March good old vehicle miles increased to 268.7bn miles�������..
Are you going to respond to Bountyman 9:00 post?
“I will post my chart if you answer Bountyman’s 3 questions 1st” - we are waiting Delft
Celtic, thank you for finally posting your response after several weeks of asking. So some bitter ex holder are selling small amounts to knock the SP down, if they were ex holders, how are they selling shares if they are ex holders. Surely (no pun intended) you need to be a share holder (ie hold shares) to be able to sell shares. This makes no sense at all, So your essential view is that "traders" (a mysterious mythical monster) are selling small quantities to try and drop the SP so they can buy more. The problem with this is that the SP really has not gone up at any real time over the past 5 years - I wont comment on the 10 year graph!! You appear to suggest that traders can CONSTANTLY sell small amount of shares and then (!?!?!) buy bigger amounts of share at a lower value. The question is WHERE are these traders looking to make profit, as once they have apparently dropped the SP, the price to sell then drops so the new shares that they have bought are instantly worth less. Your view on this is clear that you are keen to blame anyone other than Range for the poor performance of the company and therefore the SP and looking to shift your error in judgement in buying at a higher level onto someone else so that you do not feel quite as bad about your decision making. Lets be clear. I have bought at higher levels than we are currently at. There is a reason why there are no new (or very few) investors as there is little to inspire confidence of making a profit. Whilst I am happy that I will see profit, I can understand people looking at a graph that has dropped essentially for 7+ years and with the impending debt burden be unable to justify as to where the profit will come from. Simply put, it appears that your few is one which you have picked up from posters of old when it was suspected that people were getting free options and flooding the market and have believed that somehow people can make money in spite of the spread. Celtic, I don't want to argue but you really need to try and think critically and objectively and realise that there are no ex holders trying to get you to lose money as they would (if shorting) certainly get burnt if the board released a genuine good news of say extra water for the waterflood or increase oil from Trin or Perlak. Good luck and am sorry it took you to be hounded to try and illicit a sensible discussion on the matter. KRO
Bountyman - I accept one RNS was flat. I don't accept the other being 10% (difference of opinion) as the Q&A effected this and goes against the theory by some that traders sell on news I apologise for the mistake for the inaccurate post on the flat share price on Indonesia RNS I hope others apologise when they get it wrong in the future - last friday for instance
I have changed the subject and copied your post Celtic as I suspect the admin will take the thread with lies in shortly. CELTICHEART - 07.52 1) who do you think this is massive 8 year manipulation Traders trying to manipulate the price down and some bitter ex holders 2) why are they doing this... what is there ultimate goal For the traders the answer is simple, drop the price and buy on any weakness they create 3) where are their unlimited shares coming from in order to sell. Simple, traders sell a few at silly prices and buy back more cheaply, before you say it I know that take a hit on the tiny trades but it is a meaningkess amount in the scheme of things, so self perpetuating.
Delft, if you are going to post lies or false facts... rule number one, don't give up the source material that proves you wrong. Even IF we take the after hours investor Q&A in to account and say that this was the cause for the rise on this day, This is not what you said so your fact is indeed a lie. So apologies and retraction are eagerly awaited. Oh and if you try and hide behind that Q&A (which was a nice after the fact at a cover your lies) then the Indonesia RNS before that from 22/3 resulted in a closure being flat. So from your statement of "Interesting that every time a RNS is released about Indonesia the share price drops" it is actually from 4 RNS announcements 2 were down (5% and 3%) 1 was flat and 1 was up 10%. Proof that you are posting misinformation - I am sure Craig at admin will be interested in this. FRO
Its clear from the answers that you have no idea. 1. To say ex bitter holders who have lost thousands are going to do trades to lower price and waste more money is laughable 2. The traders aren't looking to drop the price - how low do you think Range can go as they are nearly at all time low with POO at double recent prices and some believing it will hit $100 a barrel 3. Again traders will be working on better margins than Range can offer. The wide spread is not worth traders effort As regards the chart I will post when I see fit and not from any pressure from any other poster and it will be in Dutch which is against the rules of LSE so may get pulled
Celtic, The wide spread means that is not possible to "sell a few and buy back more cheaply". What utter rubbish posted. Or perhaps can you give us an example of a day, where the traders did this.
1) who do you think this is massive 8 year manipulation Traders trying to manipulate the price down and some bitter ex holders2) why are they doing this... what is there ultimate goal For the traders the answer is simple, drop the price and buy on any weakness they create 3) where are their unlimited shares coming from in order to sell. Simple, traders sell a few at silly prices and buy back more cheaply, before you say it I know that take a hit on the tiny trades but it is a meaningkess amount in the scheme of things, so self perpetuating. Over to you Delft, let's see the chart.
I will post my chart if you answer Bountyman’s 3 questions 1st
The 5% drop on the day of the Indonesian news was due to traders profit taking on the back of the previous 18% rise as a result of the increased production ahead of schedule RNS.You will also get some that will sell on news regardless of what that news is. There was nothing negative in the Indonesian, If you look at the too figures yo will see that, as Bounty said, we were up overall. Post your chart, show us tangible evidence of how you came to that conclusion but a hint, showing the chart for one day will not prove the point.
That was on the back of the Q&A which was released on same trading day. I was talking purely Indonesia on its own RNS I have done my own charts of events ignoring the price monitored extensions as they are identical at 6.98%