Range Resources Share Discussion Threads

[mingle3] 10/5/2010 19:58

Theres always a chance that the news is not as good as we hoped for but PL used the word 'excellent' in regards to the report, so fingers crossed.

Lets hope the ozzies are as optimistic as us and dont hold the share price back tonight.

[sagem] 10/5/2010 19:52

We are expecting good news are we not so why would we see the share price under 5.5p.....good news could put it on 8p....is their any reason why the news could be bad from what we all know ?

[livic1971] 10/5/2010 19:38

Stnick - The problem with RRL is its dual listed unlike RKH. The ASX will get the news first and will probably sell it unless its extremely good. We will be able to see the news at the same time but not trade. By the time we open there is a good chance we will be marked down to what the ASX closed at. These market suspensions on the ASX are a very good way for transfering money from the UK to Australia as the arbitrage gets closed off for a few days, RRL spikes because of this on AIM and then ASX holders get to sell into it while we can do nothing.

If I hadn't had my eyes glued to RKH to today I would have sold some into the close. I'd be very surprised if we don't see under 5.5p to buy again at some point.

[stnick] 10/5/2010 18:43

sagem

oz opens 11pm our time

[stnick] 10/5/2010 18:27

not sure who it was that said you should sell before the news comes out but if you had done that with RKH you would most likely have sold at 40p ish and then missed out on a potential 6 bagger up to 260p+ today.

Of course, only will time will tell but i would rather be in today than have sold out this affy.

Am holding quite a few of these and have endured the ups and downs of the last few months, so hoping patience will be rewarded.

Holders here with a high risk/reward and oiler interest could do worse than look at GED.

Like RRL, GED are already producing (though in much bigger quantaties) and are the 3rd largest holder of P1 reserves on aim and yet have one of the lowest values attributed to P1 reserves!! I hold and am not ramping, just suggesting peeps take a look and do your own research etc. No advice intended.

Regs

Stnick

[linslader] 10/5/2010 17:15

Yes, wait for Puntland news before you sell.

[sagem] 10/5/2010 17:03

NEWS must be announced in OZ at 1am UK time before their market opens. OZ investors will be looking and seeing our huge increase today so I hope the news is so good they buy buy buy and we continue to follow the share price up
any views

[geoffmanana] 10/5/2010 17:03

Have a good one sparty1.............You will probably be in the best place..... away from the screen.

[topicel] 10/5/2010 16:49

Good to see you Captain. Yes indeed, I like a strong close with an intra-day high to boot!

Makes me feel we will indeed open above 6p tomorrow - or more- as the holding 5p was key imho.

Have you a target Cap'n?

Topicel

[sparty1] 10/5/2010 16:45

Be in the air tomorrow morning so will miss any excitment . Will have a look when poolside in villamoura.GL all

[greatfull dead] 10/5/2010 16:41

Waiting the reserves report. I am not going to sit up for OZ to open. Much more important things on my mind. Need a clear head for tomorrow.

[pauldrayton] 10/5/2010 16:40

Guys, what can actually be expected tonight and what sort of impact could it have on the sp?

Genuine answers only please!

[tokolosh] 10/5/2010 16:39

I sold half my holding at 6.25p when it spiked up last time we were suspended, bought it back for 3.5 p not too long later.

However I am holding 100% into this news - you got to be in it to win it, and RRL is far more of a known quantity to me now.

7.5p close tomorrow.

[hope67] 10/5/2010 16:36

Very strong finish fingers crossed for the report tonight would be great to see us number 1 on the leader board in the morning

[mr_dross] 10/5/2010 16:35

ok day done till the morrow ... GL to each and every one of us

[sirata] 10/5/2010 16:33

I have been in these since early dec 09, regretted not selling some on last spike, when there was a trading halt on ASX, have done same today, hope the same spike down won`t repeat itself in the a.m.

[maxmarilli] 10/5/2010 16:33

some good news and we could be open at 7p.....and lets hope di aussie don`t spoil the party!

[alistair4444] 10/5/2010 16:33

Captain - welcome back

[monkey puzzle] 10/5/2010 16:31

Good buying at the end

5.742 12494
5.742 8489
5.742 17196
5.742 42000
5.742 86862
5.742 62157

[captainnelsonforties] 10/5/2010 16:30

Super strong close.

[davethechef] 10/5/2010 16:28

Back again!-Crazy last mins trading

[davethechef] 10/5/2010 16:26

It's gone!!!

[davethechef] 10/5/2010 16:26

that drop was like the dow last thursday!

[steelwatch] 10/5/2010 16:25

Last orders ladies and gentlemen please!

[maxmarilli] 10/5/2010 16:20

here we go...