RRS range resources limited

options expiry question, page-10

  1. 4,312 Posts.
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    IMO, when the 20 million placement has been completed, and every one is loaded up,the share price will move. I believe the announcements have been ambiguous for a reason. It is clearly in the best interest of the institutions involved in the placement to keep a cap on the price. This is a day traders stock at the moment but not for long. As the oppies always follow the underlying, news of drilling etc will put a rocket under the SP, and the oppies will follow suit.
 
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