Australian (ASX) Stock Market Forum

RRS - Range Resources

Yup according the the plan 20 to 1 is happening before the AIM I think not too sure when but it will happen.
 
well that must be the announcement you were talking about. It went from 3 cents to over 50 cents on the 10th April. Would it have anything to do with the US$50m Canmex Joint Venture Completion ?
 
Anyone still hold RRS?

Trying to make light of the past week or so. Stock has bounced back very strong, while at the same time substancial holders are changing.

Who else holds RRS? Do we see a future where they end up on the AIM, and also finally drill exploration weels with Canmex. When are the wells occuring?
 
Announcement out...completion of consort buyout,,shares up 12.5 cents.

Check new range web page...and horn energy report....valuation of $7.00

next few days will be very intersting


Royce
 
RRS is looking good again this morning amongst a sea of RED.
Strong volume too. 4 million shares traded is a big day for them and they have done 1/2 that in the first 30mins of trading today.
 
RRS is looking good again this morning amongst a sea of RED.
Strong volume too. 4 million shares traded is a big day for them and they have done 1/2 that in the first 30mins of trading today.

Yeah i cant believe they are acctuly starting to do something. i wonder if it has anything to do with the new website LOL. highest price on record again
 
Looking good again today.. up 8.5 cents...strong overseas buying and announcement about aim listing any day now....interesting week coming up .

Royce
 
I can not believe that this stock has been valued at $7.00 even higher by some people, and no one has jumped on the band wagon. i thought this stock would be on top of the list all day. People have to start realising that this stock is so under valued at the moment. :confused:

catch
ST1FLR:)
 
I've been trying to follow the thread, but I'm a little lost. is this "20 to 1" a reverse split where you lose a lot of your investment/shares?

I have 8,000 shares.

Hoagy
 
It was a 20 to 1 consolidation. I.e. if you were holding 8000 shares before consolidation date at 2.5 cents each, then after consolidation you were holding 400 shares at 50 cents each. If you bought your shares after this happened then it doesn't affect you at all.
 
OK, Thanks. I thought this was an upcoming event and did not realize it has already occurred. I bought in on May 30, June 4, 2007.


Hoagy
 
Has anyone any views on rrs today? Why is nothing happening? Seems the value is not being appreciated?
Irish
 
It may be the military action between Puntland military forces with US Navy sea/air/ground forces v. the al quaeda forces is making investors nervous. As far as I know the US forces are still in Puntland (at the invitation of the Puntland government), and still hunting al qaida.
I have a google news alert for 'puntland'.
Hoagy
 
Rangr Res had presentation yest at the Gold Coast Resources seminar. The speaker kept talking about the tribal polical situation in Somalia, tread carefully here. porkpie
 
Has anyone any views on rrs today? Why is nothing happening? Seems the value is not being appreciated?
Irish

Most people are waiting for Information on AIMs listing & drilling timetable..won't be much movement until then...Not too sure why Aims listing is taking so long ..but thats typical of Range management.


Royce
 
Canmex agm announcement should be posted

about 2 am Aussie time, hopefully with a drilling schedule ..

Aim listing now July/Aug

ghosty
 
new here was wondering what is going on this past week with range. any help would be appreciated. i notice there hasn't been any post in over a month here, was considering picking up a few. thanks, thomas
 
I think you should get them now if you`re thinking about it.
I got some CFD`s in Range two weeks ago at 56cents and they haven`t looked back since.

Only my recommendation anyway, they could go either way.
 
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