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RRL Range Resources Limited

0.035
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Range Resources Limited LSE:RRL London Ordinary Share AU0000065989 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.035 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
0.03 0.04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.035 GBX

Range Resources (RRL) Latest News

Real-Time news about Range Resources Limited (London Stock Exchange): 0 recent articles

Range Resources (RRL) Discussions and Chat

Range Resources Forums and Chat

Date Time Title Posts
30/12/202212:09Range Resources - A New Beginning260
08/4/202010:41Range - the recovery4,207
15/2/202009:26LEWIS(& aliases) free thread plus 939
15/2/202009:19Range Resources - Tax Dodgers do not post106
14/2/202005:38Range Resources - A New Beginning26,174

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Range Resources (RRL) Most Recent Trades

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Range Resources (RRL) Top Chat Posts

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Posted at 26/11/2019 14:48 by lewisyfawr
Exciting week for shareholders. 12% productivity increase. share price at 0.031p (lot higher than August). Oil price very healthy.

If AGM goes smoothly on Friday, we can concentrate on our 3.1p shares, our cash flow, our new name, our acquisition strategy.

Bit dense myself, and missed the thrust of all this about HMRC. Are they accused of not paying correct amounts to HMG? And not investigating Amazon as forensically as they have been investigating small businesses in South Wales and Devon? What effect will that have on Range or our share price?

How is HMRC relevant to a group of pally Range shareholders chatting away about their shares on a wet Tuesday?
Posted at 18/11/2019 18:41 by lewisyfawr
No of Trades today - 32
Vol Sold - 8,672,437
Vol Bought - 10,156,154

Not very surprising to see so many bought when you can buy today at less that 0.03p. Still well up on share price at end of August when troll said share price would fall from 0.011p to below 0.01p. And I notice he is saying same today - and quoting his reason for that prediction as a "sea of red".

8 years now of predictions of less than 0.01p, running out of cash, tornadoes in Trinidad, oil price below $50 a barrel. Gets a bit tiring for shareholders.

Meanwhile, troll seems to be making no effort to rescue his franchise. Too busy gaming on here probably.
Posted at 15/11/2019 12:55 by lewisyfawr
Not a bad week really. share price is 0.03p currently - well up on 0.011p in August when troll was advising share price would drop below 0.01p and Range would have run out of cash.

Oil price is £56.73 a barrel and has been at those sort of levels for some months now. That has obviously been v good for Range and all small oilers.

Leaking infrastructure in our most productive field (Beach Marcelle) has been attended to. A production increase of 12% in Q1 is an indication of where Trinny is heading.

And AGM in London Bridge area at 10am on 29th - fortnight today. Will 4 major shareholders stay together? And, if they do, the salaries, name change, consolidation of shares and business focus major changes should get voted through. Also a chance for pi's to ask some probing questions.

A very interesting fortnight. A very busy fortnight for our staff in London - particularly CFO and Company Secretary. Potentially quite an exciting few months ahead for all. Chairman was on record recently as saying he was "excited" about possible developments.
Posted at 13/11/2019 16:41 by dojiwankenobi
((RRL)) Chart, share price Crossed 200ma, share price almost stayed in 0.0002 region. The share price settled around the 200ma area.

Doji Wan Kenobi
Posted at 11/11/2019 17:13 by dojiwankenobi
Two things are going to happen 1. 1:100 Reverse Split. 2. Dilution. The 1:100 reverse split will almost certainly be followed up with dilution, as this is normally the case in penny stocks and that's why they are so volatile; hence why they call AIM the "Casino". The company will Also need to raise cash so cooperate action will follow and this will result in further dilute your holding.

Firstly lets concentrate on the day of the 1:100 reverse split then move on to the forthcoming cooperate action. On the day of the 1:100 split I fully expect the share price to rise from it's new base, I also would expect an RNS that contains good news to assist in the euphoria as the share price increases. if it starts out at 0.04pennies it will settle around about 0.08pennies possibly more on exceptional news. Do NOT start to think the share price will keep going up because it will NOT.

For new swing traders to the stock this is great opportunity to swing trade and make a lot of money but for LTH's its a nightmare and make no mistake there will be some who will think the company had fixed the roof and will hold throughout this cycle, only to be disappointed. so what you do now is important, get your head around this and trade your way out of this mess, should the opportunity allow it. normally you will have two days of good trading post reverse split, good RNS / news dependent, but I would work on hours rather than days. So averaging down is part of this cycle and for LTH's its a major decision.

There are different way of looking at it, but give it a couple of coats of looking at, before you commit. You may well be risk adverse and the Tax loses may well be your preference in case of failure, no deals ETC.

Secondly, the Dilution / short traders will follow and I would guess dilution will be big as well, which smarts a bit and I would sell prior to dilution as the stock will retrace and you will be surprised by how much...the answer to this is obvious.

Historically penny stocks are renowned for this process so my advice is to be clinical about this. Don't forget the Markets in general have steamed ahead since 2009 and I believe we are at the peak of the business cycle so you may not get time to dither and we also have the potential of a hung parliament or someone wins by a majority and scuppers any deal with the EU, so get it done..! RTO - Hopefully you will be long gone and having a lovely Xmas sitting on a profit and if there are ANY plans to RTO in the new year then you can assess this at you leisure in 2020.

if a company is good then missing the initial lift is not significant. There are plenty of videos / trading Reverse Splits on the net and we are not talking 1:100 we are talking 1:3 and the process is alarming.. I have stated this before but one has to question the timing of this, I think the hand was forced, selling assets, 1:100.


Don't be listening to Rumourville, Wild card nonsense and as hard as it is look at
the facts.
Doji Wan Kenobi
Posted at 08/11/2019 13:01 by dojiwankenobi
(((RRL))) 0.030 GBX −0.0050 (14.29%) Chart - share price testing 200MA if there is a cross-over then the share price will be heading for the 0.0002's...

Doji Wan Kenobi
Posted at 08/11/2019 07:10 by lewisyfawr
Troll facts for 8 long years now are:

1. "Range are going out of business next month" (first prediction of that days after he sold all his shares in Feb 2012 for 6.5p and bagged £140k). So a major player before he sold. And allegedly lost more than anybody else ever on this share.
2. "Oil prices will be below $30, $40, $50". This year it has been a fairly credible "under $50" so far. But it has been nowhere near that all year - but still he taunts. $56.61 a barrel this morning
3. "Production is falling". In Q1 it was up 12%. Improved infrastucture should give healthy increases year on year in Q2 also.
4. "Gordon Bowden is investigating shareholders and Range management post-Landau. Landau was CEO up till March 2014 and he left Range finally in 2014. If troll had attended GB meetings, investigator is going after even bigger fish that Landau - rumours of a Range-positive print consultant in West Wales being in his sights are not very credible, are they? Nor a trolley pusher in South Wales, for that matter.

These "facts" get a bit tiresome when a bitter non-shareholder (troll) is telling shareholders to "strongly sell" at end of August when share price was 0.011p-0.017p. Particularly since the share price closed last night at 0.035p.
Posted at 07/11/2019 00:34 by dojiwankenobi
Two things are going to happen
1. 1:100 Reverse Split.
2. Dilution.

The 1:100 reverse split will almost certainly be followed up with dilution, as this is normally the case in penny stocks and that's why they are so volatile; hence why they call AIM the "Casino".
The company will Also need to raise cash so cooperate action will follow and this will result in further dilute your holding.

Firstly lets concentrate on the day of the 1:100 reverse split then move on to the forthcoming cooperate action.
On the day of the 1:100 split I fully expect the share price to rise from it's new base, I also would expect an RNS that contains good news to assist in the euphoria as the share price increases. if it starts out at 0.04pennies it will settle around about 0.08pennies possibly more on exceptional news.
Do NOT start to think the share price will keep going up because it will NOT.

For new swing traders to the stock this is great opportunity to swing trade and make a lot of money but for LTH's its a nightmare and make no mistake there will be some who will think the company had fixed the roof and will hold throughout this cycle, only to be disappointed. so what you do now is important, get your head around this and trade your way out of this mess, should the opportunity allow it.

normally you will have two days of good trading post reverse split, good RNS / news dependent, but I would work on hours rather than days. So averaging down is part of this cycle and for LTH's its a major decision. There are different way of looking at it, but give it a couple of coats of looking at, before you commit.
You may well be risk adverse and the Tax loses may well be your preference in case of failure, no deals ETC.

Secondly, the Dilution / short traders will follow and I would guess dilution will be big as well, which smarts a bit and I would sell prior to dilution as the stock will retrace and you will be surprised by how much...the answer to this is obvious.


Historically penny stocks are renowned for this process so my advice is to be clinical about this. Don't forget the Markets in general have steamed ahead since 2009 and I believe we are at the peak of the business cycle so you may not get time to dither and we also have the potential of a hung parliament or someone wins by a majority and scuppers any deal with the EU, so get it done..!

RTO - Hopefully you will be long gone and having a lovely Xmas sitting on a profit and if there are ANY plans to RTO in the new year then you can assess this at you leisure in 2020. if a company is good then missing the initial lift is not significant.
There are plenty of videos / trading Reverse Splits on the net and we are not talking 1:100 we are talking 1:3 and the process is alarming..

I have stated this before but one has to question the timing of this, I think the hand was forced, selling assets, 1:100. Don't be listening to Rumourville, Wild card nonsense and as hard as it is look at the facts.

Doji Wan Kenobi
Posted at 06/11/2019 14:51 by lewisyfawr
Troll facts for 8 long years now are:

1. "Range are going out of business next month" (first prediction of that days after he sold all his shares in Feb 2012 for 6.5p and bagged £140k. So a major player before he sold. And allegedly lost more than anybody else ever on this share.
2. "Oil prices will be below $30, $40, $50". This year it has been a fairly credible "under $50" so far. But it has been nowhere near that all year - but still he taunts.
3. "Production is falling". In Q1 it was up 12%. Improved infrastucture should give healthy increases year on year in Q2 also.
4. "Gordon Bowden is investigating shareholders and Range management post-Landau. Landau was CEO up till March 2014 and he left Range finally in 2014. If troll had attended GB meetings, investigator is going after even bigger fish that Landau - rumours of a Range-positive print consultant in West Wales being in his sights are not very credible, are they? Nor a trolley pusher in South Wales, for that matter.

These "facts" get a bit tiresome when a bitter non-shareholder (troll) is telling shareholders to "strongly sell" at end of August when share price was 0.011p-0.017p. Particularly since the share price closed last night at 0.0375p.
Posted at 04/11/2019 17:00 by dojiwankenobi
((RRL)) CHART - Well it's not looking good for the SP, no matter how the MM's try to window dress it. The share price had crossed over the 50MA on the 30/11/2019 and the last four sessions have seen the share price respect the 0.004 pennies. This resistance is strong and numerous attempts to breach the 0.004 have failed miserably an with the cross over the share price had confirmed its intentions to seek out lower levels.

The share price will now continue with this downward trend and all things being equal, without bad news, 0.002 will be seen before Dec;
however bad news will send this below 0.002 very quickly and will stay there only to drift lower...
News of a rig sale completion will only produce a DCB, Dead Cat Bounce...
Doji Wan Kenobi
Range Resources share price data is direct from the London Stock Exchange

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