RRS 0.00% 0.1¢ range resources limited

trading halt!, page-20

  1. 1,565 Posts.
    merely guessing because I am not familiar with the inner workings of this company.

    not in a hurry to call in the receivers, but more likely a merger on terms shamefully unfavorable to s/holders (DGM did that), or a capital reconstruction where you end up with eleven or twelve shares worth a fraction of your original outlay (UNI comes to mind).

    yes, I am inclined to side with Saxien on this one. but I must admit, if our suspicions turn out to have some foundation, then whoever handles this stock, they deserve credit for a very fine sting operation: only a week ago, RRS looked extremely good on chart.
 
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Currently unlisted public company.

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