RRS 0.00% 0.1¢ range resources limited

aoi going from strength to strength

  1. 477 Posts.
    One must wonder why Range is not following suit!

    It's fairly obvious to me that the market has discounted Range on the basis that it will NEVER SEE a PENNY from the potential commercialisation of the oil fields. It seems fair and reasonable that oil sales would be many years away, taking into account the odds are about 50/1 anyway, and the market's judgement is that Range won't be a part of it.

    Sadly it seems that nothing is going to give Range a kick along.

    After all, can anyone remember any BAD NEWS? Nope ..... Range has had it all going forward according to the announcements, yet the market is firmly convinced that Range will never see a penny of oil revenue.

    NEVER SEE A PENNY OF OIL REVENUE!

    Sad, but this is my opinion, which is backed up with decades of experience in these matters. Please note that I comment out of trading hours so as to give those with an opposite view, the time to realise that I'm right.

    Rampers and downrampers hit you when the market is trading, me I have scruples.

    Good luck to all Range holders, but you surely must be disappointed at what the future holds.
 
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