RNG 0.00% 1.8¢ range river gold limited

valuation, page-8

  1. 733 Posts.
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    fair enough. I was a shareholder in Range from the float. Saw the same names buy in and keep on buying on the way up through the Indee disaster and kept on buying all the way down as well. I sold out at 15c ages ago because Indee was way too small. RNG's house broker at the time told me to buy again when the 6.5c spp was on the go because "important people" had become substantial. I couldn't do it because the Indee mine was stuffed and the company was probably going broke. It nearly did except for a few shareholders pumping more and more money in. Those original shareholders have stumped up millions, never received a dividend and are still way way out of the money. They will most likely never get their money back. It would be ok but they all got body slammed with the OX as well.

    Yep same people, but making the same mistake. Go Figure.
    cheers
    omg
 
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Currently unlisted public company.

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