RRS 0.00% 0.1¢ range resources limited

Makes a lot of sense now about the reason for a trading halt....

  1. 1,269 Posts.
    Makes a lot of sense now about the reason for a trading halt.

    There should not have been one, appears as simple as that.

    This has absolutely nothing to do the ongoing relationship with AOI.

    What are recent events?

    Last week Povey the MD puts out an announcement that Landau is relieved as Company Secretary and has departed, then its retracted. Office girl admits it was a typing error, he is still on board but not as CS. Next error the ghost of an MD in Povey signs it for release. Ghost because he never returns calls nor is ever around.

    Then last week Povey puts out another announcement which stated the Company was put in a trading halt for the purposes of realising the ongoing relationship with AOI.

    However the Company continues to trade on overseas markets and AOI is business as usual.

    Just checked this past announcement and the wording of association with AOI has been deleted.

    Another Poveyism? How many investors needed that reference??

    Now we see Povey moved to a Non Executive role.

    Looks to me like some decisions have been made about the running and future of Range. Best news I have seen is to appoint an MD with some actual experience in Oil & Gas.

    The announcement title actually says it all.

    Board and Management moving forward!

    Finally.



 
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