RRS 0.00% 0.1¢ range resources limited

fair value of range, page-21

  1. 6,284 Posts.
    I hear what you are saying, and appreciate that from most observations, she looks very unloved.

    There is little or no confidence in the stock from a new punter's perspective, and holders are set up to the gills in both stock and scuttlebutt.

    New non seed/placement instos will not invest until oil concession clarification/spudding.

    All I suggest is,

    As everything is in the most sensitive of preparatory stages, moving carefully forward, moving towards petro law and spudding, sentiment (upon news) can turn on a dime.

    If, and or, when it does, many could be chasing the tail.

    And the tail doesn't have that much stock.

    fair value ???.....pick a number between 25c and 25 bux, any number, there are plenty to choose from,,, then call it your own, because London to a brick, few will agree with you.

    Until we have a fully understood, reported de-risked enterprise, something near the lower end of the spectrum seems fair and reasonable.

    But if AOI report progress ( mandatory by mar 31), or rrs report progress, or tfg report progress.... up it a tad.
 
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