I think so warnie Alot more boxes have been ticked in the last 18months...
1, AIM Listing
2, 20/1 consolidation complete with shares held very tightly.
3, Increased sentiment and action of stablizing puntland and surrounding areas.
4, Africa oil closer to drilling less chance of any pump and dump.
5, Chart starting to look good with strong volume.
more boxes have been ticked in the last year... and you choose a good chart, and a consolidation as reasons for change... 4) there will always be pump and dump... 3) Increased sentiment means nothing.... its all about action, and action is not moving fast enough to really change this self destructing region... somalis wouldnt care about drilling rigs targeting big oil coming... because the oil revenues wouldnt sift through the economy and benefit the man on the street...
Yeah Range has been in a big downward spiral since July 2007... but I do not think that the recent upshot from 3c to 4.7c is warranted... no value here...
RRS Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held