Still find it difficult to understand how the market cap of Range is still over 100 million with negative cash flow, no cash on hand (from last quarterly report), 10 million administration per year, and expensive DD still going on for a merger whose only synergy is the number of wild cat prospects that require 10s millions of funding.
Surely, the SP has significant downside remaining with highly likely capital raising and reverse split required.
When was the last time PL said no more dillution?
RRS Price at posting:
3.0¢ Sentiment: ST Sell Disclosure: Not Held
