Range Resources Share Discussion Threads

[pheonix07] 13/6/2010 16:50

Let 'em sell Baz..it's only going to transfer more shares into AIM where the true believers are

the Aussies are now once bitten, twice shy

Go Aussies, Go webber , Go Range

[geoffo1] 13/6/2010 16:26

Not sure Hart is a clown - just untested

[barryrog] 13/6/2010 16:15

you're right, compare Banksy and Shilts to these 3 clowns.
when we get the price moving up again on Monday, try to get the little Aussie punters to stop taking their short term profits on Tuesday.

[pheonix07] 13/6/2010 15:12

I think an upset is on the cards with Kewell to score the winner in the second half

You poms have never had a decent keeper since Shilton

and I thought Calamity James was bad lol

no range trading Monday so let's see what you guys can do tonight

[alistair4444] 13/6/2010 14:16

notarealdr - Yes I am not usually bias however this time please Australia get lucky, win against the mighty Germany what a result this would be in football.

[notarealdr] 13/6/2010 13:58

They play dirty.

[alistair4444] 13/6/2010 13:42

Good Luck to the Australian football team who play against Germany in the World Cup/South Africa tonight you will need loads of it. Germany are always a very hard team to beat especially in the World Cup.

[notarealdr] 13/6/2010 08:51

Kerrie, i am inclined to agree about a price adjustment. This week will see the settlement figures of last Tuesday's buys in oz when 19m shares traded. I think that a fair whack of these sales was to cover the previous nights trades in UK, so there will probably be a corresponding increase in UK holdings of maybe 10m for just that day. Others here with more experience than I will correct me if I am wrong but I see a new level over 5p in UK and 8c in Oz. The price momentum I feel is still upward in the short term.

This is starting to get a life of it's own on both islands.:)

[sir tan] 12/6/2010 21:11

I would think they were filling their boots about a week ago, when these were in the high 3's low 4's. Selling now gives them a nice 25% profit.

Saying that their boots must be getting empty by now.

[sagem] 12/6/2010 16:25

Monday will be very interesting especially as OZ market is closed for a holiday

[gurp] 12/6/2010 00:11

hadronuk - it amazes me that peops actually trade at the high spreads, I refuse to take a large theoretical loss as soon as I buy.
mm's profit on trades - like life in general, if peops didn't pay extortionate prices they'd have to reduce them or do no business

[kerrie3] 11/6/2010 23:29

yufff,
i have to agree,the mms simply can't keep allowing punters to buy shares infinitem.
by my reckoning a net 75 mill plus shares have been picked up, where they are all coming from i don't know and they will simply have to attract sellers at some stage - maybe a sizeable move in the share price is on the cards for next week.

[hadronuk] 11/6/2010 20:10

Good article about the ridiculous spreads we have to live with on AIM.

Excerpt:-

Frankly, it just seems bizarre that, in a modern financial centre like London, small caps are still forced to endure an antiquated monopoly that has been discarded for larger companies and which seems contrary to the interests of both investors and smaller companies. If the market is not pricing these shares correctly, then won't London eventually cease to be a place where smaller companies can raise equity capital on attractive terms? It's time to change to a transparent, order-driven system, one that gives potential buyers and sellers direct access to the market for all listed companies.

See the whole article here:-

[yufff] 11/6/2010 18:26

Eventually a mm or 2 will be breaking ranks and heading the charge up. They simply cannot afford to sell so many shares without replenishing their stock. thats trading-buying and selling. They will need to buy some next week to sell on-its a cycle. And how do they get people to part with their shares? They raise the bid.
next week could well signify breakout based on the horse and stirrup chart. Hi ho silver!!

[dr jekyll] 11/6/2010 18:13

Alistair, you won't be the only one on here watching some football :) Thanks for the update on trades once again. Very useful to know. How soon until those trades are reflected in the sp?

Only kidding :) Have a good weekend.

[greatfull dead] 11/6/2010 17:51

Alistair4444,

Enjoy the weekends footie.

ATB,
GD

[alistair4444] 11/6/2010 17:32

Dont have the exact figs to hand however would suggest its much the same as todays trading. Been a very good week for Range plus more to come next week. Remember ASX closed Monday so should be very good for everyone in UK. Back Monday enjoy your weekend Im off to watch the football.

[greatfull dead] 11/6/2010 17:25

World Cup fever has over taken me. Brill game SA v Mexico. If it continues like that we could all be seeing the best World Cup ever.

GD

[mr_dross] 11/6/2010 17:18

how about for the week ?

[alistair4444] 11/6/2010 16:59

Yes on LSE Buy 77.2%
Sell 16.5%
Unknown 6.2% - All % are for todays trading

[mr_dross] 11/6/2010 16:44

Alistair do you know the ratios for buys and sells ?

Thanks in advance

[mr_dross] 11/6/2010 16:39

thats femominal ... and next week we will have a good break out .. cup and saucer higher from here ... thats not my research ... was posted on iii yesterday and todays rise has confirmed

[alistair4444] 11/6/2010 16:34

Today 25 million RRL shares traded LSE/Plus markets
Total for the week in UK approx 139.5 Million
ASX total for the week 34.4 million