RRS range resources limited

opes prime update in relation to rrs sp, page-24

  1. 6,284 Posts.
    Did anyone else here the Delloites interview on abc news radio this morning ?

    They stated that the required selling took place yesterday....didn't they ?


    They also stated that sophisticated investors caused the shortfall, and that 200 to 300 mil will cover the shortfall.

    They have seized considerably more than 200 to 300 mil worth of securities, so will they return securities and excess cash, or hold that which has not been sold until they clearly define the bottom line,,,months from now.

    If this is the case,,,they have just artificially tightened the register of a number of small resource stocks.


 
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