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Depends on your perspective - I would much prefer a buy to go through at 0.18p. KRO
Tried a dummy sell and for my 2m holding I was offered 0.15p but for a smaller sliver of my holding I was offered 0.188p. So it looks doubtful that my buy order will get filled. KRO
Rainbow, it's a complete POS if I'm honest, I was in the process of moving my holding to a different broker when the delist/relist happened but only my non ISA shares got through and as this was offered free, I did not want to pay to move them so as it stands I have my Range ISA shares with 1 broker and my other Range shares with another broker. Not an issue as it stands but a bit of a pain when I come to sell. Malcy is heralded as a messiah and he may have a wealth of experience but a suggestion not too long ago of the share hitting 50p bashed his reputation for me and makes him look like a funded stooge. That said, I have my position and am comfortable with it, however, I would like that top-up to go through. KRO
I have had a buy order open for around a week or so for my remaining funds I am making available to Range. It remains open to fill for around 655k shares at 0.18p. I hope it gets filled today so I can stop messing around each day putting it on. I think that will be my last purchase if it goes through. Though how many have said that before. Looks like a boring period until some contracts are tied up for RRSDL. Probably expecting little news this side of the quarterlies. Obviously would like some drilling actio but this seems unlikely at the moment. KRO
Malcy is an "expert"... no doubt he is probably wealthy but that post is an ipad copy of the RNS... maybe I will find time to write a blog tomorrow. KRO
Alsugar, I'm not here to boast or get kudos, it was a discussion point around Range and kind of to show I am legit and practicing what I preach. Rainbow, surely is trying to troll me and if he wants to troll a genuine (hopefully) balanced poster, it shows what cancers some chat boards have. KRO
Appears the previous thread was taken down but to summarise, I told people about my purchase going through. The previous trade to my post advising of the purchase was a sale for around 8k worth of shares at 0.1625 � how on earth could I be seen has hindsight trading. It�s hardly that I am pretending to be Johnny Big Balls after the SP spike, and I have even had the openness to fully disclose my intended position as this position was put on each day and advised after each day that it failed to be filled. The spread as it stands hardly puts me in a position of making massive profit and my average is much higher than the current SP. Perhaps I should say I bought 4m at 0.15 the other day and sold them all at 0.2 yesterday� oh wait, I am holding 3.3m and have an order to be filled for a further 655k outstanding. You have just proved, if proof was ever needed that you are a keyboard warrior just here to try and troll people. Even Rainbow (who some people have huge issues with) tends to agree that I try and be a balanced poster. I wonder how much money you have lost on Range over the years? KRO
Well done Surely, take one tongue in cheek comment as a position in a reasonably balanced post to suit whatever your agenda is. As is goes, I did a dummy sell for my 500k shares I bought and was offered a price above my purchase price so as far as I am concerned I am in profit. Not that I intend to sell at these levels. Go and kindly troll someone else as your tripe is wasted on me. Regards
Celtic, the most recent RNS confirms that they are working for Range and one other client on T&T so I don�t see how we can still be working for TRIN, CERP and PETROTRIN. We all know how out of date websites can get, I try to accept the RNS as the present position. As for your chart skills, I will try not to be personal but they have hardly predicted the position today or you would be significantly richer than you are presently. We need to focus on the volume of trades and the RNS� yesterday simply didn�t inspire the market and stating that the market is waiting to absorb the news is rubbish IMO. Rainbow, there is little point in blowing the trumpet as through this was a gamechanger in terms of where Range is. I am �happy� to wait this out and see if the volume of heavy workovers get us over the fabled 1000BOPD. There are some clearly positive snippets, some negative ones (the depletion is one you rightly highlight) and some that simply don�t have enough information to allow you to make an informed decision over whether Range is going to be in a strong position come the end of the year. I would be very happy if the workovers along with the 2 (4?) development wells get us to 1000+ BOPD by year end with decent cash reserves and RRSDL are bringing in cash from multiple sources to support their existence and add to Ranges position. If I was to give advice to anyone it would be HOLD unless you are happy with a sizeable level of risk, have available funds and like the potential of a multibagger. I have still got a buy order going for 0.18p, if I get this, excellent. If not, then the SP must be drifting more towards my average. The quarterly update will be quite telling I would think, the last quarterlies put us on warning of significant cash burn but Eva has confirmed this was associated with relisting. Mixed bag as ever, but my buy at 0.17is in profit � how many posters have a profit on Range as it stands, ha ha KRO
I think the announcements yesterday were really a mixed bag of good and bad news items. If we take the appointment of the COO, I think on paper he seems like a credible candidate for the job, however, as previous discussed, he has been a NED from sometime so I would have hoped had he been so strong that he would have been able to influence decisions in the recent past but perhaps his hands have been somewhat tied. I think he deserves a clean slate and a chance to prove himself one way or the other. Moving on to the op's update. I will be emailing the company to try and get some clarification on these but there are some issues that I have both positive and negative. The increase in BOPD from what appears to be workovers (given no new drills or increase in WF output) seems to certainly positive and it is good that it is at a point where the POO has been at recent highs so revenues from this increased amount should be better than the previous quarter. Linked to this seems to be the lion share of the work plan for T&T seems to be reinvigorating existing wells. I expect this has been done on an economical basis as there must be countless wells that have stopped producing or are producing small amounts so a short sharp uplift from them for minimal expense seems a sensible option especially if they are looking to line up wells for future WF projects. That said, I am very p*ssed at the lack of drilling. We have just taken onboard a drilling company for pete's sake and we are drilling 2 (maybe 4 depending on how you read this) wells in T&T this year. I have heard mooted that we may be holding some drilling capability back to look to outsource this and make revenue from this. However, we should have a FULL programme for Range imo and IF/WHEN we get contracts an RNS release covers the contracts and explains the uplift in revenue from RRDSL and need to scale back our operations. I hope that this is a case of it truly being a minimum expectation and simply not wanting to promise one thing then not delivering. The company is focusing on increase water injection by 300 barrels, my understanding is that this is likely to uplift production by 60 barrels (read that it was around 5:1 water to oil) which for the big and expensive project is pretty carp. Given that only 300 BWPD is heading towards SE WF, it does raise questions where the other 400 BWPD will be going. The RNS as ever raises lots of questions and some answers, but not enough for me. KRO PS the fact that RRSDL are working for another operator in T&T is good news, let's hope this is increased by the next RNS. PPS Maybe the lack of expense is in preparation for the Indonesian works required to get our 23% up to 42%.
I did google ISDX and it seems to direct to "nexexchange" but can't seem to locate range, rrl or rrs on there. Very odd but am reasonably happy to have half of the deal I wanted completed. I think the trades on Monday seem to show "sells" around the value of my buy so god only knows. Will discuss the RNS later when have had a proper chance to digest... and order a new phone! KRO
Oh and I can't seem to find my purchase in the trade feed - very odd indeed! KRO
So I bleated on about my buy order at 0.17p for 1.2m, these all rejected with the last one I placed being rejected on 14/2. But somehow, a buy order was filled on my account for 500k at 0.17p on 19/2 but I had lost my phone the day previous and was out of the country so had no way of calling my broker to put the deal through - also I could not have done this since I left the country as I left my banking keypad in the UK. Very odd indeed but have another 500k shares - so now total 3.3m (approx.) but can't be bothered to work out my new average - have a new order in to finish off them remaining shares but have increased the limit to 0.18p for a further c.650k. KRO PS I am glad I was away from the board - it seemed to be at its infantile worst!
whoops... were you watch L2 or something Mick KRO
Mick, I take credit... 1st day I have not been able to open my order - crappy bank online keycard thing is at work and can't be arsed to speak to someone on the phone on my day off. KRO
Nice to see it back above $61 but we really need to crack on with finding some more of the black stuff. KRO
Nope. Not only do you not understand buying and selling shares, you appear not to be able to read. Not really the best skill set for a share discussion board. KRO
Maybe you will buy, I mean sell, I mean hold some shares. This whole share thing is very complicated for simple souls. KRO