Range Resources Share Discussion Threads

[nas_daq] 01/2/2019 12:43

Celticheart071 Feb '19 - 12:26 - 16341 of 16342
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I fully expect to see some form of consolidation once the LO share allocation is approved. A 10:1 consolidation would give us just 1.2 Billion shares in issue with a value 10 x what they are now. Our holding value would remain unchanged.

How does that help range going forward 🤷🏻‍♂️
They still owe 80m by April 2020 with no way of repaying it, however the creditor now controls the company how very handy😄ԅ16;😄

[rangenoresources] 01/2/2019 12:34

No LO Directors will be appointed until approval is reached at EGM

[celticheart07] 01/2/2019 12:26

I fully expect to see some form of consolidation once the LO share allocation is approved. A 10:1 consolidation would give us just 1.2 Billion shares in issue with a value 10 x what they are now. Our holding value would remain unchanged.

[nas_daq] 01/2/2019 12:23

Barony

What evidence have you seen over the past 8 years range have any chance of achieving that?
They have spent, apparently, 100m on improving production and how much improvement has been achieved?
The company has been milked for all its worth and is on its last legs.....
This year will be its final one when the cash runs out as they have run out of options to raise further funds.....

[titasiinitramho] 01/2/2019 11:58

Sudden death wont pay the directors a salary.

[barony] 01/2/2019 11:55

Tit, given a choice between dilution and sudden death, I choose dilution. Now the company needs to extract the digit and produce. That’s why I’m a bit disappointed LO hasn’t chosen to appoint a director.

[dodge_city] 01/2/2019 11:45

How will they pay next year's interest?

[titasiinitramho] 01/2/2019 11:43

Barony, I'll have whatever you are smoking.

[barony] 01/2/2019 11:39

Just surprised Land Ocean not appointing directors.

[barony] 01/2/2019 11:39

Terrific news! Rather than see the company go bust due to interest payments accruing, Land Ocean have stepped in and saved us. Delighted with today’s news. What we need now is some good weather;good analysis with our new tool;good drilling luck;increased water flood and Petrotrin taking the oil and paying for it timeously.

[skinwalker] 01/2/2019 11:28

Where are the ramping egos?

[rangenoresources] 01/2/2019 11:23

Once people read the RNS today they will realise the end is nigh and sell their sharesWhat's not to like

[nas_daq] 01/2/2019 09:17

Or cherry 🍒 pie if he’s lucky........

[rangenoresources] 01/2/2019 09:16

No fish cake and salsa verde for the ego this weekend Only humble pie ha ha ha

[rangenoresources] 01/2/2019 09:05

I was thinking more Trigger and Micky Pearce ha ha ha

[1manos] 01/2/2019 08:54

"What a pl*k*r you really are"... LPJ think's he's Del boyo.

YOU WALLY hahaha never mind.

On a positive note 4 billions is only half the world's population.

[aseyho] 01/2/2019 08:52

Share price flat is a tad surprising?

[aseyho] 01/2/2019 08:51

"Shareholders

None of it is disadvantage to LO"

Sorry I misunderstood your post, I agree